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Old 10-30-2009, 06:01 PM
 
4,142 posts, read 9,599,787 times
Reputation: 3455

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KSAX.com - Tax Credit Extension: Good News for First Time and Repeat Home Buyers (http://ksax.com/article/stories/S1224529.shtml?cat=10230 - broken link)


Enough is enough. let the prices fall to what the market supports and stop wasting tax dollars on these gimmicks
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Old 10-30-2009, 06:04 PM
 
Location: mancos
7,467 posts, read 7,007,535 times
Reputation: 5469
oh goody my 3 year old neice is in the market
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Old 10-30-2009, 06:06 PM
 
75 posts, read 117,978 times
Reputation: 53
Great idea, prop up the prices when they need to fall to return to affordability. This way, we can have the prices fall later instead AND waste a ton of money at the same time.
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Old 10-30-2009, 06:32 PM
 
Location: Sierra Vista, AZ
16,525 posts, read 22,004,017 times
Reputation: 8727
Quote:
Originally Posted by CASActuary View Post
Great idea, prop up the prices when they need to fall to return to affordability. This way, we can have the prices fall later instead AND waste a ton of money at the same time.
At present houses are below construction cost in many places, makes me wonder why they continue to build
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Old 10-30-2009, 06:40 PM
 
26,863 posts, read 42,026,216 times
Reputation: 15119
Isn't that great, more money wasted...How many people who are about to walk away from their home will sign a contract on a other home and right after they close on the home, walk away from home # 1....and the bank can take another loss and we the tax payers can pay up for these scumbags!

On a $ 200 K home is it really making so much difference if people get $ 8 K or $ 6,5 K?

If a person can't afford that extra amount they shouldn't be able to buy!!!!! JMO!

Obama is just thinking he is Santa Claus....giving away gifts that other people have to pay for!

Give me Santa Claus and keep Obama away! I'm really getting more and more annoyed with this president. Spreading the wealth....and bankrupting this beautiful country! Meanwhile respect and values are going out the window since he is approving others to be called names, etc....I have had it!!!!

Sorry I just had to vent!
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Old 10-30-2009, 06:50 PM
 
23,012 posts, read 42,134,302 times
Reputation: 23417
Tis a sacrilege to spend money on the people. A sacrilege I say! To the front! Man the cannons! Blast the knaves out of office! Onward! Get the torches, burn them out! How DARE they give the little man a break! How dare they! Don't ye laddies know that money is better spent on our valiant corporate paupers? Yeah verily, DOUBLE the ethanol subsidy! Triple the depreciation allowances for our struggling oil firms! How very brave of Exxon to pump our natural resources out of the ground and sell them to us for a mere pittance. Such fine examples they are, indeed. Tis such an absolute, heartbreaking waste to see people living in a warm home...let them have TENTS! Scumbags, one and all, let them live in old Yugo's!
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Old 10-30-2009, 07:02 PM
 
246 posts, read 408,867 times
Reputation: 132
Oh goody the addition of the 2nd-time home buyer credit to Obama's latest Entitlement Program will awaken even more scumbags from the cesspool.

The Treasury's inspector general for tax fraud just announced to the meatpuppets in Congress that at least 19,000 filers claiming the first-time credit hadn't purchased a home when they claimed the credit. Another 74,000 filers, claiming a total of $500 million in credits, weren't even first-time buyers.

And Congressional dullards are actually foolish enough to believe that the new "anti-fraud" feature will prevent these criminals from attaching a fake HUD-1 to their tax returns.
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Old 10-30-2009, 07:10 PM
 
Location: Arizona
13,604 posts, read 8,524,810 times
Reputation: 7370
I've read numerous threads from the usual suspects on C-D complaining that Obama does nothing for the middle class, only spends tax payer dollars on Banks and auto industry. I think this is a way to get real money into circulation and help stabilize the housing industry. Remember, the banks are now very stringent in their loan applications so all the reports of doom and gloom about financial abuse is chicken little soapboxing.
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Old 10-30-2009, 07:16 PM
 
48,508 posts, read 88,593,200 times
Reputation: 18188
Thois is a way to get people that can not afford a home liie before to take the bait. We seem to have learned nothing really. If 8000 dollars makes such a difference other than the entice someone who wouldn't otherwise take the bait into buying what they can't afford.
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Old 10-30-2009, 11:34 PM
 
Location: Indiana
2,047 posts, read 1,431,401 times
Reputation: 396
Default your killing america with your kindness

Quote:
Originally Posted by Mike from back east View Post
Tis a sacrilege to spend money on the people. A sacrilege I say! To the front! Man the cannons! Blast the knaves out of office! Onward! Get the torches, burn them out! How DARE they give the little man a break! How dare they! Don't ye laddies know that money is better spent on our valiant corporate paupers? Yeah verily, DOUBLE the ethanol subsidy! Triple the depreciation allowances for our struggling oil firms! How very brave of Exxon to pump our natural resources out of the ground and sell them to us for a mere pittance. Such fine examples they are, indeed. Tis such an absolute, heartbreaking waste to see people living in a warm home...let them have TENTS! Scumbags, one and all, let them live in old Yugo's!
I am a little man and I need no breaks and I want nothing that is taken away from anybody by law or by force to give to me .why not just stop the government from giving our money away,to anybody,companies,banks,community organizations,special intrest groups.get rid of the so call safty net. witch I think it a snare that traps millions of american into poverty specially minorities.our resources, sounds socialist to me. is your car our car is your house our house. give me a break who ever wrote this is a socialist
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