The big talk is the tax credit
We are rapidly approaching the end of the $8,000 tax credit for first time buyers (Nov. 30th as it currently stands). The big question is , let it die, extend or amend.
We are hearing about $15,000 crdit and the fact that it might not be only first time homebuyers. To me it appears that raising the demand in the housing sector will only create more jobs as housing recovers full speed ahead. Maybe the government can even make enough in tax revenues to pay for the program.
Almost everyone agrees it is currently working well, but those opposed say the credits did the job and now we should let it run out.
We will probably know pretty soon. It's not too hard to guess where I would come down on this issue.
If you have any questions at all about San Diego Real Estate, feel free to drop me an email or give me a call.
We are hearing about $15,000 crdit and the fact that it might not be only first time homebuyers. To me it appears that raising the demand in the housing sector will only create more jobs as housing recovers full speed ahead. Maybe the government can even make enough in tax revenues to pay for the program.
Almost everyone agrees it is currently working well, but those opposed say the credits did the job and now we should let it run out.
We will probably know pretty soon. It's not too hard to guess where I would come down on this issue.
If you have any questions at all about San Diego Real Estate, feel free to drop me an email or give me a call.
posted by Alan Schmitt | 1:14 PM
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