DISQUS

Consumerism Commentary: Extending the $8,000 First-Time Home Buyer Credit to $15,000

  • Jack · 5 months ago
    Can we STOP inflating the bubble?!?
  • Flexo · 5 months ago
    When the bubble stopped inflating, the real estate industry ground to a halt. There is probably a balance somewhere we must find, and the Senators pushing this change feel the $8,000 tax credit wasn't enough to find that balance. I don't know if I agree with them, but that's just my opinion as a potential first-time buyer who would like prices to remain low for my own satisfaction (until right after I buy, of course).
  • Kyle · 5 months ago
    How dare congress spend my hard-earned tax dollars so wastefully! They must be stopped! After I get my $15,000 tax credit, though. No use being hasty.
  • Mike L · 5 months ago
    Any word on if they will extend it past Dec 1st? I'm not buying a house until May 2010 :0(
  • Rajeev Singh · 5 months ago
    I think we need to learn our lesson from the current financial downturn caused by bubble in hosuing..lets not go down the same road again.
  • Andy · 5 months ago
    Can't wait to sell my house to my neighbor and vice versa. We each get $15,000 and don't have to move.
  • Charles J Gervasi · 5 months ago
    Wouldn’t it be better to encourage behavior that really creates value instead of encouraging people to move house more often? Is people moving house even a good thing? Even if the credit stays restricted to first-time homebuyers, it’s taking customers from people who rent their property.
  • TONY · 1 month ago
    15,000 would help alot and this time only sell to people who have good credit .dont give a loan for 300,000 to a guy making 35,000 year because hes a minority lol