Quote Originally Posted by jeffolie
Good luck getting any significant legislation with the Realtors as the #1 PAC.

The number one PAC contributor this election — as in the last four — is the National Association of Realtors. Seth Weinstein with New York's Hannah Real Estate Investors says realtors are intent on preserving a Clinton-era tax law that allows homeowners to forego capital gains taxes on the sale of a house every five years.

given what we expect in the housing market: 1. there will be tremendous political pressure for legislation to end "abuses;" 2. the realtors will have much less money to donate.