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  • This topic has 60 replies, 10 voices, and was last updated 14 years ago by patb.
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  • November 16, 2010 at 1:26 PM #18190
    1stimebuy
    Participant

    I heard from today’s morning radio and I couldn’t believe it. This is not even in a major news front so probably not many is taking it seriously, however, wouldn’t it simply mean a huge disincentive to buying a home? I can’t imagine how the San Diego market would fare should they actually decide to do this. This is ten times the impact of that $8K tax break in the opposite direction.

    http://www.nytimes.com/2010/11/13/business/economy/13mortgage.html?partner=rss&emc=rss

    They should just pick a policy and stick with it, whether it’s a short term economic recovery or longer term fix.

    November 16, 2010 at 1:40 PM #631259
    Huckleberry
    Participant

    I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

    This will put the final nail in the coffin of a housing recovery…

    November 16, 2010 at 1:40 PM #632355
    Huckleberry
    Participant

    I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

    This will put the final nail in the coffin of a housing recovery…

    November 16, 2010 at 1:40 PM #631336
    Huckleberry
    Participant

    I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

    This will put the final nail in the coffin of a housing recovery…

    November 16, 2010 at 1:40 PM #632038
    Huckleberry
    Participant

    I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

    This will put the final nail in the coffin of a housing recovery…

    November 16, 2010 at 1:40 PM #631909
    Huckleberry
    Participant

    I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

    This will put the final nail in the coffin of a housing recovery…

    November 16, 2010 at 2:34 PM #631309
    SD Transplant
    Participant

    A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

    November 16, 2010 at 2:34 PM #632405
    SD Transplant
    Participant

    A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

    November 16, 2010 at 2:34 PM #632088
    SD Transplant
    Participant

    A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

    November 16, 2010 at 2:34 PM #631386
    SD Transplant
    Participant

    A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

    November 16, 2010 at 2:34 PM #631959
    SD Transplant
    Participant

    A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

    November 16, 2010 at 3:05 PM #632098
    XBoxBoy
    Participant

    Seems we’ve talked about this a lot lately.

    http://piggington.com/elimination_of_mortgage_deduction

    I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

    November 16, 2010 at 3:05 PM #632415
    XBoxBoy
    Participant

    Seems we’ve talked about this a lot lately.

    http://piggington.com/elimination_of_mortgage_deduction

    I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

    November 16, 2010 at 3:05 PM #631969
    XBoxBoy
    Participant

    Seems we’ve talked about this a lot lately.

    http://piggington.com/elimination_of_mortgage_deduction

    I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

    November 16, 2010 at 3:05 PM #631319
    XBoxBoy
    Participant

    Seems we’ve talked about this a lot lately.

    http://piggington.com/elimination_of_mortgage_deduction

    I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

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