Gov. Schwarzenegger Extends $10K Homebuyer Tax Credit in California
"….important housing bill that will get people off the fence and into homes…."
Why not let the free market lower prices by apx. 25-100k? We do not need an artificial market forces interfering with prices.
Why would anyone want to purchase an artificial price for a house?
This is helping the seller of home and not the buyer. The credit is trying to round up more sucker buyers in my opinion.
The FED be forced to increase interest rates once the buyers of the bonds request a higher rate of return. It's the matter when and not if.
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