$15,000 Tax Credit for Home Buyers?

[5yearwaiter]

[quote=picpoule]There’s rumblings to replace the $8,000 Federal Tax Credit with a $15,000 tax credit for all buyers once the $8,000 credit expires:

http://www.rockymounttelegram.com/news/bill-to-expand-housing-benefit-687420.html%5B/quote%5D

Don’t we call or consider this kind of acts are all Fraud? What if after purchase of house price goes down?. I appreciate if FED would also give a buy-back gurantee for the first 20% down amount incase “if the house value goes down”, well this sounds funny but who is going to assure for future loss? – so these acts may be Fraud. Now this kind of high attractions would push many to fall into this false spending on housing… but where is gurantee for the price we are going to throw on housing?

[jpinpb]

All I got to say is as long as the gov thinks it’s necessary to throw money at this, then we’re not close to bottom. If it’s true they are bumping it up to 15k tax credit, then they know what’s on the horizon is a mega storm.

[jpinpb]

All I got to say is as long as the gov thinks it’s necessary to throw money at this, then we’re not close to bottom. If it’s true they are bumping it up to 15k tax credit, then they know what’s on the horizon is a mega storm.

[jpinpb]

All I got to say is as long as the gov thinks it’s necessary to throw money at this, then we’re not close to bottom. If it’s true they are bumping it up to 15k tax credit, then they know what’s on the horizon is a mega storm.

[jpinpb]

All I got to say is as long as the gov thinks it’s necessary to throw money at this, then we’re not close to bottom. If it’s true they are bumping it up to 15k tax credit, then they know what’s on the horizon is a mega storm.

[jpinpb]

All I got to say is as long as the gov thinks it’s necessary to throw money at this, then we’re not close to bottom. If it’s true they are bumping it up to 15k tax credit, then they know what’s on the horizon is a mega storm.

[DWCAP]

My favorite part is the reasoning why they need to up the amount. Apparently $8000 isnt enough to get people moving, but $15000, that will start those bidding wars!

So the reasoning is:
This didnt work, so we should do it again; only this time even BIGGER!

WTF! Do these people even listen to themselves?

[DWCAP]

My favorite part is the reasoning why they need to up the amount. Apparently $8000 isnt enough to get people moving, but $15000, that will start those bidding wars!

So the reasoning is:
This didnt work, so we should do it again; only this time even BIGGER!

WTF! Do these people even listen to themselves?

[DWCAP]

My favorite part is the reasoning why they need to up the amount. Apparently $8000 isnt enough to get people moving, but $15000, that will start those bidding wars!

So the reasoning is:
This didnt work, so we should do it again; only this time even BIGGER!

WTF! Do these people even listen to themselves?

[DWCAP]

My favorite part is the reasoning why they need to up the amount. Apparently $8000 isnt enough to get people moving, but $15000, that will start those bidding wars!

So the reasoning is:
This didnt work, so we should do it again; only this time even BIGGER!

WTF! Do these people even listen to themselves?

[DWCAP]

My favorite part is the reasoning why they need to up the amount. Apparently $8000 isnt enough to get people moving, but $15000, that will start those bidding wars!

So the reasoning is:
This didnt work, so we should do it again; only this time even BIGGER!

WTF! Do these people even listen to themselves?

[barnaby33]

You guys are so cute. The govt has already shown its hand several times. Its as if you expect them to stop the same behavior they have exhibited at each and every stage of the bubble that got us here!

A 15000 credit would get me off the fence. Especially if it came with a house priced reasonably. You know, 120x rent, in an area I’m looking!
Josh

[barnaby33]

You guys are so cute. The govt has already shown its hand several times. Its as if you expect them to stop the same behavior they have exhibited at each and every stage of the bubble that got us here!

A 15000 credit would get me off the fence. Especially if it came with a house priced reasonably. You know, 120x rent, in an area I’m looking!
Josh

[barnaby33]

You guys are so cute. The govt has already shown its hand several times. Its as if you expect them to stop the same behavior they have exhibited at each and every stage of the bubble that got us here!

A 15000 credit would get me off the fence. Especially if it came with a house priced reasonably. You know, 120x rent, in an area I’m looking!
Josh

[barnaby33]

You guys are so cute. The govt has already shown its hand several times. Its as if you expect them to stop the same behavior they have exhibited at each and every stage of the bubble that got us here!

A 15000 credit would get me off the fence. Especially if it came with a house priced reasonably. You know, 120x rent, in an area I’m looking!
Josh

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