I guess if I was going to play the lotto in 2009 I will have to include the numbers 4 and 1. For us to recover from the overall slump in the Real Estate Market and the complete economy for that matter these numbers are incredibly important.
The 4 is what we need in front of mortgage rates for the whole of 2009. This would vastly increase the affordability of housing and very slowly increasing the demand to slowly soak up some of the supply which as we know averages about of 12 months at the moment. Now this is not a tall order considering the Feds rate and in fact has a good chance of becoming a reality.
Now the 1 is more dubious. Ironically since its also part of a very dubious industry being the oil and gas. We need a 1 front in the gas prices all year long. Now I have no idea if this is likely, but it would very nice!
Too boot I bet if that was the case people would not mind paying and extra 10 cents to a fund to pay for the development of green energy. Funnily enough that tax would actually pay for itself about threefold. The economy would receive a boost from new GOOD paying jobs, it would keep gas prices low and demand for the stuff would drop off (the consumer has more power that it thinks) and thirdly it would help with our emissions problem.
