RJA #12b: Presentation Plan

My presentation plan is to present information regarding the three causes of the housing market crash. I will introduce the topic first by going over basic information and knowledge of what happened resulting in the housing market crash. I will go over the greed, regulation failure and misuse of media/government persuasion, that resulted in the housing market crash. For greed I want to go over greed of the politicians, and also the greed of the American home buyer. For regulation failure I want to go over what went wrong with fannie mae and freddie mac. For misuse of media/government persuasion I want to go over the so called "American Dream" that was being pushed and lured in buyers. I also want to present my survey results that I got from surveying real estate agents. I want to also bring up the oppositions of blaming the real estate professionals ie; brokers, mortgage, bankers.

RJA #12a: Progress Report

I have done a lot of my research for my argumentative paper, but I haven't written enough of it. I have done the field research, and research for it. I do need to start putting my paper together. I have a lot of information, but I do not know how I will flow the paper together. I will start doing that ASAP.

I still need to finish my formal outline, write my paper, make some visual aids, and start to put the paper together along with my works cited page. I will finish my formal outline by Nov. 6Th. I will write at least 1/3 of my paper by the weekend of November 6-8. I will finish my paper draft by Nov. 18Th. I need to finish my visual aids by Nov. 15Th, and the works cited page will be done by Nov. 18Th also.

RJA #11c: Thesis Statement Check

I commented on the following links: Zach and Dominique

RJA #11b: Visual Aids

Visual Aids:

Table

Graph

Interview Question and Answer set

Statistics

Pie Chart

RJA #11a: Introduction

The housing crash should have been prevented and America should have been protected from the financial meltdown. Millions of Americans have lost their homes, and our economy is in a scary state after the housing market crash of 2003. Many Americans tended to point the finger at the housing professionals; real estate agents, mortgage brokers, and bankers. What the housing market crash left everyone asking; what caused the housing market to crash? Washington and politicians were pushing the market and selling the American dream. They lowered the interest rate and did not regulate housing inflation. Low interest rates and no documentation lending allowed anyone to get a loan even if they did not qualify for it. The media was used to persuade everyone that the American Dream was owning your own home. No one was regulating the banks and quantity was more important then quality. The housing market crashed because of greed, regulation failure, and use of media/government persuasion.

RJA #10b: Argument

My Argument consists of the fact that I think Washington is to blame for the housing bust. The three main reasons for this is Greed, Regulation failure, and Media/Government Persuasion.
Greed
They wanted to inflate the housing market and they wanted housing prices to inflate. They were looking for fast money so that they could get overseas investors in on the housing craze.
Failure to supervise
Being professionals and running the financial state of our Nation, Washington should have seen this coming. Washington should have seen what would be to come. They did absolutely nothing to stop what was happening, and not only turned a blind eye, but also pushed fast forward.
Media/Government Persuasion
Washington used banks and made loans available to people that should have been warned. Using the banks and allowing for zero down financing, no documentation, lured home buyers into buying more house then they should have been able to. Also lowering the interest rates made the illusion that anyone could afford anything.

Arguments
The arguments that are present against my research paper thesis is that Real Estate Brokers, Mortgage Brokers, and Banks are to blame for the housing market crash. My argument is that these professionals were there to help sell homes and loans, but they did not fuel the push to sell the American Dream. The government is in place to regulate housing inflation, interest rates, fannie and freddie mac. It is not the professionals jobs to keep the economy safe. Washington was being greedy and turned a blind eye on a lot of regulations that should have been in place. There were people predicting and warning the government with what would happen with Subprime. I also think that the professionals, if they knew any better, would have prevented all of this because they are suffering immensely after the crash.

RJA #10a: Thesis Statement

My research question is; what caused the crash of the housing market? For my thesis statement I have broken this question down to an argumentative paper. My claim is that the housing crash was caused by Greed, Regulation failure, and Media/Government persuasion. Using these ideas I have come up with my thesis statement.

The housing market crash was caused from greed, regulation failure, and misuse of media/government persuasion.