When you invest in the education system you stimulate the cities potential for future economic growth and job growth for years to come.

Those are issues that will keep away a family of tourists from NYC who would normally be spending money and stimulating the economy.

The value of the dollar will drop and who says these stimulus checks will be used towards anything “stimulating?”

This will stimulate growth & expansion of those businesses, but have trickle down effects to certain niches of commercial real estate (Retail & Office Spaces)- Prices, DOM & Absorption rates continue to soar at a rate which substantially outpaces inflation, causing a broader recession in the RE markets within the next 24 months.

My posts are meant to give an explanation of my path and to give others options that may not have been in their original paradigm or way of thinking.It has stimulated a lot of debate and I truly believe a few have come to my dark side.  

@Vitaliy Merkulov This question regarding dispute from @Matthew Olszak stimulates a good question.

However the fiscal stimulus being discussed right now ($1000 to each person, etc), now that one has a real punch in terms of stimulating the economy.  

Not sure how that is supposed to immediately stimulate the economy but that is what I've read. 

Back then, unscrupulous lenders stimulated housing demand artificially by making lending unrealistically over-available leading to rise in home prices well beyond their actual value. 

Some economists estimate we are some 5 million housing units behind the demand.Home building recovery is just now gaining momentum, but is not expected to catch up to demand until something happens to dampen demand in a major way.So, you need to examine housing valuation to see what is driving it: supply vs. demand or is demand being stimulated artificially by availability of lending like it was in the run up to the crash.Hope this helps ...