NAR Call for Action

Tell Congress to Extend and Expand the First-time Homebuyer Tax Credit.

Category:

Nonprofits & Activism

Tags:

• National
• Association
• of
• Realtors
• NAR
• Call
• for
• Action
• First-time
• Homebuyer
• Tax
• Credit

[stinkypoon]

Let this bribe DIE. It is horrible. Every economist will tell you there is no economic benefit or justification for it. It's meant solely to benefit Real Estate agents and mortgage brokers. That's all this is about, not "reviving the market", just reviving their sales volume and commissions. They don't care if it's driving up prices and ripping people off. They want to waste taxpayer dollars to line their pockets, that's ALL this is about.

[DyShez]

The Federal Reserve gets to do legal counterfeiting.  Why not the American people? Oh that's right, only government is allowed to do immoral things legally. ;^)

[hounddog1413]

I think it should be extended to $300,000. Or better yet, make counterfeiting legal. That would solve all our problems.

[alexisisin]

Giving an incentive to own their own home has boosted home sales in my area. I would like to see the current plan extended and expanded to include those taxpayers who may be starting over again; due to divorce, death of a spouse, ect....giving back what was theirs to begin with feeds the economy and encourages all to strive for that almost forgotten American Dream. Pride in ownership creates strong communities and proud people.

[Marksellshouses]

All the money that government spends comes from us the taxpayers. So I will support any initiative that puts that money back in the hands of the taxpayer. Is the system flawed? You bet. Do I think billions upon billions of our dollars should have been spent propping up failed businesses? Know way!

[DyShez]

I removed my previous video comments and plan to do more research on this topic. Then I will post. I also plan to record a Podcast which analyzes this issue in-depth. But from everything I've seen this seems wrong.

[Marksellshouses]

How is it not giving some of the people their money back? People who earn money pay taxes yes? If they buy a house, they have income yes? They are getting a credit of taxes paid hence my argument that they are giving the people some of their money back! It was theirs in the first place and the reason we are in this mess is there exist a belief that government knows how to spend our money better than we do.

[MrSokitumi]

Ya got to have jobs and factories not sweat shops in china korea indoneisa mexico and the likes flooding our economey with slave built goods even gm dieing proves that and fk you if you say the unions but the unions THey! were fighting to keep a middle class and decent healthcare and a standard of living but hey i guess you like your Wal-Mart goods TRAITORS )o

[Marksellshouses]

In a free market, interest rates would have gone up and corrected the rush to purchase and rapid appreciations would have not existed. The Fed manipulated rates and Fannie and Freddie loosed the underwriting guidelines to make it so folks who shouldnt be buying could. Some banks even received fines for not lending freely enough. I believe that giving the people some of there money back has had the greatest impact on our improving economy and that is why it should be extended and expanded.

[Marksellshouses]

I promote homeownership because it promotes wealth to the individual in addition to community involvement by that same individual. Blaming all Realtors for the current housing problems is extreme or lumping everyone into a whats in it for me mentality is just plain silly. We can never heal or correct our condition unless we partake in serious discussion. I may be wrong but believe whole-heartedly that our government is to blame for the housing bubble.