- This topic has 45 replies, 9 voices, and was last updated 16 years, 6 months ago by
Navydoc.
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November 1, 2008 at 11:25 AM #14340November 1, 2008 at 11:46 AM #296128
NotCranky
ParticipantI like the idea but you are right it probably has pitfalls. Who know if there are more or less problems of equity than other potential solutions. I like it though. Do you let the owners who get the boot have their credit restored so that they can play the game on the next house up for ? That might have significant impact on the buyer pool and therefore result of your plan. Of course the dislocated owners probably don’t have a down payment.
November 1, 2008 at 11:46 AM #296542NotCranky
ParticipantI like the idea but you are right it probably has pitfalls. Who know if there are more or less problems of equity than other potential solutions. I like it though. Do you let the owners who get the boot have their credit restored so that they can play the game on the next house up for ? That might have significant impact on the buyer pool and therefore result of your plan. Of course the dislocated owners probably don’t have a down payment.
November 1, 2008 at 11:46 AM #296500NotCranky
ParticipantI like the idea but you are right it probably has pitfalls. Who know if there are more or less problems of equity than other potential solutions. I like it though. Do you let the owners who get the boot have their credit restored so that they can play the game on the next house up for ? That might have significant impact on the buyer pool and therefore result of your plan. Of course the dislocated owners probably don’t have a down payment.
November 1, 2008 at 11:46 AM #296488NotCranky
ParticipantI like the idea but you are right it probably has pitfalls. Who know if there are more or less problems of equity than other potential solutions. I like it though. Do you let the owners who get the boot have their credit restored so that they can play the game on the next house up for ? That might have significant impact on the buyer pool and therefore result of your plan. Of course the dislocated owners probably don’t have a down payment.
November 1, 2008 at 11:46 AM #296469NotCranky
ParticipantI like the idea but you are right it probably has pitfalls. Who know if there are more or less problems of equity than other potential solutions. I like it though. Do you let the owners who get the boot have their credit restored so that they can play the game on the next house up for ? That might have significant impact on the buyer pool and therefore result of your plan. Of course the dislocated owners probably don’t have a down payment.
November 1, 2008 at 12:49 PM #296508Raybyrnes
ParticipantHow about a Prudent Renter Bill
How about helping the more prudent renter by providing us with a write off on the first 2000 of rent a month . This puts more money back in a renters pocket and allows that family to save at a faster pace to be able to then become a prudent buyer.
I would reevaluate the 500K exclusion of capital gains on property.Eliminating it would put real estate investments on par with other asset classes.
November 1, 2008 at 12:49 PM #296529Raybyrnes
ParticipantHow about a Prudent Renter Bill
How about helping the more prudent renter by providing us with a write off on the first 2000 of rent a month . This puts more money back in a renters pocket and allows that family to save at a faster pace to be able to then become a prudent buyer.
I would reevaluate the 500K exclusion of capital gains on property.Eliminating it would put real estate investments on par with other asset classes.
November 1, 2008 at 12:49 PM #296540Raybyrnes
ParticipantHow about a Prudent Renter Bill
How about helping the more prudent renter by providing us with a write off on the first 2000 of rent a month . This puts more money back in a renters pocket and allows that family to save at a faster pace to be able to then become a prudent buyer.
I would reevaluate the 500K exclusion of capital gains on property.Eliminating it would put real estate investments on par with other asset classes.
November 1, 2008 at 12:49 PM #296168Raybyrnes
ParticipantHow about a Prudent Renter Bill
How about helping the more prudent renter by providing us with a write off on the first 2000 of rent a month . This puts more money back in a renters pocket and allows that family to save at a faster pace to be able to then become a prudent buyer.
I would reevaluate the 500K exclusion of capital gains on property.Eliminating it would put real estate investments on par with other asset classes.
November 1, 2008 at 12:49 PM #296582Raybyrnes
ParticipantHow about a Prudent Renter Bill
How about helping the more prudent renter by providing us with a write off on the first 2000 of rent a month . This puts more money back in a renters pocket and allows that family to save at a faster pace to be able to then become a prudent buyer.
I would reevaluate the 500K exclusion of capital gains on property.Eliminating it would put real estate investments on par with other asset classes.
November 1, 2008 at 12:50 PM #296173Raybyrnes
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November 1, 2008 at 12:50 PM #296513Raybyrnes
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November 1, 2008 at 12:50 PM #296587Raybyrnes
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November 1, 2008 at 12:50 PM #296534Raybyrnes
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