Home › Forums › Closed Forums › Buying and Selling RE › New homebuyer tax credit
- This topic has 85 replies, 15 voices, and was last updated 15 years, 8 months ago by
macromaniac.
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February 17, 2009 at 11:03 PM #348662February 18, 2009 at 9:19 AM #349095
cr
ParticipantAny “assistance” to homeowners ultimately ends up helping the banks and new home builders sitting on inventory. I venture that’s esmith’s thinking.
However Obama’s newly unveiled plan is even worse. Not in the amount, but in the implications.
Eventually the Gov’t will realize these caused more harm than good by strapping homeowners to mortgages they still can’t afford, preventing them from spending money anywhere else in this consumer economy.
It’s not a Republican problem anymore than it’s a Democrat problem, the media just chooses to demonize Republicans as the enemy, because apparently they like dulling society into complacency with handouts for stupidity and laziness.
Obama’s plan and CA’s plan are eqaully foolish.
February 18, 2009 at 9:19 AM #348776ParticipantAny “assistance” to homeowners ultimately ends up helping the banks and new home builders sitting on inventory. I venture that’s esmith’s thinking.
However Obama’s newly unveiled plan is even worse. Not in the amount, but in the implications.
Eventually the Gov’t will realize these caused more harm than good by strapping homeowners to mortgages they still can’t afford, preventing them from spending money anywhere else in this consumer economy.
It’s not a Republican problem anymore than it’s a Democrat problem, the media just chooses to demonize Republicans as the enemy, because apparently they like dulling society into complacency with handouts for stupidity and laziness.
Obama’s plan and CA’s plan are eqaully foolish.
February 18, 2009 at 9:19 AM #349214ParticipantAny “assistance” to homeowners ultimately ends up helping the banks and new home builders sitting on inventory. I venture that’s esmith’s thinking.
However Obama’s newly unveiled plan is even worse. Not in the amount, but in the implications.
Eventually the Gov’t will realize these caused more harm than good by strapping homeowners to mortgages they still can’t afford, preventing them from spending money anywhere else in this consumer economy.
It’s not a Republican problem anymore than it’s a Democrat problem, the media just chooses to demonize Republicans as the enemy, because apparently they like dulling society into complacency with handouts for stupidity and laziness.
Obama’s plan and CA’s plan are eqaully foolish.
February 18, 2009 at 9:19 AM #349246ParticipantAny “assistance” to homeowners ultimately ends up helping the banks and new home builders sitting on inventory. I venture that’s esmith’s thinking.
However Obama’s newly unveiled plan is even worse. Not in the amount, but in the implications.
Eventually the Gov’t will realize these caused more harm than good by strapping homeowners to mortgages they still can’t afford, preventing them from spending money anywhere else in this consumer economy.
It’s not a Republican problem anymore than it’s a Democrat problem, the media just chooses to demonize Republicans as the enemy, because apparently they like dulling society into complacency with handouts for stupidity and laziness.
Obama’s plan and CA’s plan are eqaully foolish.
February 18, 2009 at 9:19 AM #349347ParticipantAny “assistance” to homeowners ultimately ends up helping the banks and new home builders sitting on inventory. I venture that’s esmith’s thinking.
However Obama’s newly unveiled plan is even worse. Not in the amount, but in the implications.
Eventually the Gov’t will realize these caused more harm than good by strapping homeowners to mortgages they still can’t afford, preventing them from spending money anywhere else in this consumer economy.
It’s not a Republican problem anymore than it’s a Democrat problem, the media just chooses to demonize Republicans as the enemy, because apparently they like dulling society into complacency with handouts for stupidity and laziness.
Obama’s plan and CA’s plan are eqaully foolish.
February 18, 2009 at 9:26 AM #349110scaredyclassic
Participanti think the bill says only for new houses, lesser of 5% or 10k. it’d have to be 75k to interest me.
February 18, 2009 at 9:26 AM #348792Participanti think the bill says only for new houses, lesser of 5% or 10k. it’d have to be 75k to interest me.
February 18, 2009 at 9:26 AM #349229Participanti think the bill says only for new houses, lesser of 5% or 10k. it’d have to be 75k to interest me.
February 18, 2009 at 9:26 AM #349362Participanti think the bill says only for new houses, lesser of 5% or 10k. it’d have to be 75k to interest me.
February 18, 2009 at 9:26 AM #349262Participanti think the bill says only for new houses, lesser of 5% or 10k. it’d have to be 75k to interest me.
February 18, 2009 at 9:38 AM #349277BGinRB
Participant[quote=fromnj]I do not quite understand how it works. I do not think we pay more than 10K as state income tax or we may be paying somehow. Are they giving money back with check if I do not pay more than 10K? Could you enlighten me? [/quote]
$10K over three years.
February 18, 2009 at 9:38 AM #349378Participant[quote=fromnj]I do not quite understand how it works. I do not think we pay more than 10K as state income tax or we may be paying somehow. Are they giving money back with check if I do not pay more than 10K? Could you enlighten me? [/quote]
$10K over three years.
February 18, 2009 at 9:38 AM #349244Participant[quote=fromnj]I do not quite understand how it works. I do not think we pay more than 10K as state income tax or we may be paying somehow. Are they giving money back with check if I do not pay more than 10K? Could you enlighten me? [/quote]
$10K over three years.
February 18, 2009 at 9:38 AM #348807Participant[quote=fromnj]I do not quite understand how it works. I do not think we pay more than 10K as state income tax or we may be paying somehow. Are they giving money back with check if I do not pay more than 10K? Could you enlighten me? [/quote]
$10K over three years.
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