In California, agents are hoping it will. Here in New York, the prospects for gay marriage are far better with the retirement of state senate majority leader Joe Bruno. If that happens, New York licensees will be in the same boat as their California colleagues.
But will same-sex marriage help the market? I say yes. How could it not? Married people buy homes together. They also buy cars, washing machines, vacations, insurance, lawnmowers, and a zillion other things in higher volume than single folks do. Marriage causes money to circulate. It is good for the economy, and regardless of your politics or religious views, you wouldn’t object to a stronger economy, would you?
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J. Philip Faranda
Won’t have much effect at all on home purchases. Gay couples who want to bother to get “married” are already co-habiting. And co-habiting couples buy houses, cars, washing machines, etc.
Sounds like wishful thinking on the part of real estate brokers.