Home Buyer Tax Credit Questioned

30 June 2010 No Comment

The home buyer tax credit is being questioned by experts. Did it help? Was it worth it?

Our question on this blog is what has been taking them so long to ask?

We've been wringing out hands as landlords ever since the first homebuyers credit went through. Why? Because we have lost tenants who jumped ahead to make the deadlines and bought houses. We were left with empty units during the worst of the recession.

Forbes has a very good article about this and quotes," but don't let appearances fool you."

In other words homeowners were not created out of thin air.

Read Will the home buyer tax credit help?

Lawmakers Move to Extend Tax Credit Closing Deadline (hsh.com)
First-time home-buyer credit may vanish soon (sfgate.com)

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