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Private Sector Getting the Housing Market Back on Track

SCVNGR@ALA
Creative Commons License photo credit: ALA - The American Library Association

There have been many discussions and debates by economists as to how to get the housing market back on track. Many say that the government hasnt done enough and that they should spend even more money in the form of another stimulus. Still others believe that it is the private sector that will get the housing market back on track this time.

The latter believes that the government needs to back off of business owners a bit and lift some the taxes imposed on business owners and help people start businesses and succeed in business.

There are others already in business that agree with the private sector theory and are moving ahead with plans to help the economy and housing market get back in the black. There is a new contest in town. SCVNGR has teamed up with real estate companies nationwide to hold a nation wide contest for home buying. SCVNGR is a game that holds challenges at various places.

SCVNGR is backed by Google Ventures and has created a game to help home buyers cross the finish line. Given the name, "Race for the Home," the contest is simple, participants must visit locations, including for sales listings from local real estate brokers, learning something unique from the broker to help them complete a challenge and finish the game.

This will be played in 10 cities and will enlist 1,000 players in each city. The first game will be played in Atlanta on Saturday, Sept. 18th. The winner will receive $10,000 to $30,000 as a down payment on their new home.

Its no wonder private industry always does everything quicker and more cost efficient than the government. Remember the X-Prize, which inspired the first private company to travel into outer space? Pushed by private backing, things get done!

Read the full story from ratetake




Posted on July 14, 2010 14:30:50 by Blog Author Scott.Shields
Scott.Shields
View my profile http://www.metrobrokerstv.com/private-sector-getting-the-housing-market-back-on-track

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