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Hi Klarek,
Do you ever live in democracy country? what is your citizenship? Iran? Cuba? North Korea?
I think you need to learn more about "the democracy", even with the 3rd countries, the stupid people are still had the right to talk and vote, well... some of 3rd countries are none.
... and, it's free and anonymous
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Why the home buyer tax credit is a bad idea
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dacolan
Contributions: 475
Zillow All-Star
Since October 2009
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You see, most people who took advantage of the first tax credit would have purchased a home anyway, so the government expense per "incremental sale" tends to soar.
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The arguments for extending the home buyer tax credit program are universally the same. It supports a struggling housing market and, as we've heard many times before, until the housing market recovers, the broader economy will not recover.
Just once it would be nice to hear some policymaker or some real estate industry professional say that, in order for the economy to stabilize, home prices must revert to more normal levels - say, levels that are supported by wages or incomes - rather than the familiar refrain that home prices must simply stop falling.
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