Comments on: Tax Credit for Your Down-Payment! http://cahomestrategies.com/tax-credit-for-your-down-payment/ Real Estate Finance Strategies We All Can Understand Wed, 08 Sep 2010 04:10:26 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Matt Freeman http://cahomestrategies.com/tax-credit-for-your-down-payment/comment-page-1/#comment-65 Matt Freeman Wed, 10 Jun 2009 17:02:38 +0000 http://cahomestrategies.com/?p=439#comment-65 Hey Jon, Thanks for the comment. I appreciate your feedback. I agree with you in many ways. We are creating future problems and I do believe the loss of value in the dollar is going to have a large effect. We have seen rates shoot up for the time being and the printed money that we are using as bailout is a big concern as well. Hey Jon,

Thanks for the comment. I appreciate your feedback. I agree with you in many ways. We are creating future problems and I do believe the loss of value in the dollar is going to have a large effect. We have seen rates shoot up for the time being and the printed money that we are using as bailout is a big concern as well.

]]> By: Jon Hodgkin http://cahomestrategies.com/tax-credit-for-your-down-payment/comment-page-1/#comment-64 Jon Hodgkin Wed, 10 Jun 2009 16:52:30 +0000 http://cahomestrategies.com/?p=439#comment-64 I have a hard time seeing how this is a good thing in the end. It creates an artificial floor, hoping the market will take things higher once there is 'stability'. I see two probable outcomes. 1) It will put in a false bottom that eventually gives way to market forces. If people can't afford a house without being subsidized by the Gov, what will happen if the economy does not improve and the Gov can no longer afford to subsidize, which it can't afford to do even now. 2) Prices will at best be flat for quite a while as improved economics is balanced by removal of subsidies. What Gov social net has ever been removed or even reduced because it was no longer needed? I have a hard time seeing how this is a good thing in the end. It creates an artificial floor, hoping the market will take things higher once there is ’stability’.

I see two probable outcomes. 1) It will put in a false bottom that eventually gives way to market forces. If people can’t afford a house without being subsidized by the Gov, what will happen if the economy does not improve and the Gov can no longer afford to subsidize, which it can’t afford to do even now. 2) Prices will at best be flat for quite a while as improved economics is balanced by removal of subsidies.

What Gov social net has ever been removed or even reduced because it was no longer needed?

]]> By: Mari Medina http://cahomestrategies.com/tax-credit-for-your-down-payment/comment-page-1/#comment-58 Mari Medina Fri, 05 Jun 2009 19:26:14 +0000 http://cahomestrategies.com/?p=439#comment-58 Thanks for sharing this update Matt! And keep it coming on the subject - a lot of buyers need to know the ins and out of how this will work! Thanks for sharing this update Matt! And keep it coming on the subject – a lot of buyers need to know the ins and out of how this will work!

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