I wrote my congressman and the senators as well. I doubt anything will sink in to avoid the huge tax burden. The market needs some stability.
I pushed hard, however, for real first-time home buyer incentives that are not income based. My point was that many Americans were financially responsible during the bubble years and the government should give incentives to get these financially solvent people off the sideline and into a home. If they are going to do everything to help people stay in their homes, at least according to Pelosi, they should add some terms that give larger tax breaks, interest rate deductions, etc. for those who can actually afford the home!
