If Prince Williams County Can Practice Free Markets…

November 16, 2008 by admin 

Why can’t our government? Killing free markets is not the way to end this economic recession. In actuality it makes matters much worse. Bail out after bail out, will not save this market. Only the free markets will.

Seems Prince Williams County, a suburb of Washington D.C. knows this and has taken matters into their own hands. They are having a fire sale on real estate. Homes in the area are down 41% from last year.

Homes are now priced at what they are really worth. And guess what the strangest thing is happening people are buying homes up left and right. Even with lending standards of 20% down, real proof of income and a good credit score are once again the norm. Ready the Washington Post story here.

Yes, folks it’s the return of the free market.

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