Comments on: Why The Tax Credit For First Time Home Buyers May Be A Bad Deal For You. http://simpledebtfreefinance.com/why-the-tax-credit-for-first-time-home-buyers-may-be-a-bad-deal-for-you/ A Simple Approach to Getting Out of Debt and Into Wealth Thu, 24 May 2012 03:12:56 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Joe http://simpledebtfreefinance.com/why-the-tax-credit-for-first-time-home-buyers-may-be-a-bad-deal-for-you/#comment-9837 Joe Wed, 30 Dec 2009 16:26:14 +0000 http://simpledebtfreefinance.com/?p=1677#comment-9837 Barry, The government can only stimulate the economy in the short term. It can provide stability when things get too bad, but it is not true economic growth. That's what too many people (even in the media) forget. The reason home sales increased over the past quarter is not because unemployment dropped, and people had real wage growth or because the economy grew - it was because they were receiving a temporary payment to buy a home. It's not going to help them afford to live in that home, and it's not going to be an incentive for other people to buy a home once the tax credit expires. Barry,

The government can only stimulate the economy in the short term. It can provide stability when things get too bad, but it is not true economic growth. That’s what too many people (even in the media) forget.

The reason home sales increased over the past quarter is not because unemployment dropped, and people had real wage growth or because the economy grew – it was because they were receiving a temporary payment to buy a home.

It’s not going to help them afford to live in that home, and it’s not going to be an incentive for other people to buy a home once the tax credit expires.

]]> By: Maculare Degeneration Information http://simpledebtfreefinance.com/why-the-tax-credit-for-first-time-home-buyers-may-be-a-bad-deal-for-you/#comment-9737 Maculare Degeneration Information Sun, 27 Dec 2009 15:55:32 +0000 http://simpledebtfreefinance.com/?p=1677#comment-9737 Great advise. Use whatever to get into a home! Great advise. Use whatever to get into a home!

]]> By: Mobile Wedding DJ http://simpledebtfreefinance.com/why-the-tax-credit-for-first-time-home-buyers-may-be-a-bad-deal-for-you/#comment-9736 Mobile Wedding DJ Sun, 27 Dec 2009 15:54:50 +0000 http://simpledebtfreefinance.com/?p=1677#comment-9736 Great article, I wasn't aware a tax credit was being offered. Great article, I wasn’t aware a tax credit was being offered.

]]> By: Alzheimer's Disease Information http://simpledebtfreefinance.com/why-the-tax-credit-for-first-time-home-buyers-may-be-a-bad-deal-for-you/#comment-9735 Alzheimer's Disease Information Sun, 27 Dec 2009 15:54:09 +0000 http://simpledebtfreefinance.com/?p=1677#comment-9735 Great way for home buyers to get into a home. I think this is wonderful. Great way for home buyers to get into a home. I think this is wonderful.

]]> By: Barry Wheeler http://simpledebtfreefinance.com/why-the-tax-credit-for-first-time-home-buyers-may-be-a-bad-deal-for-you/#comment-9734 Barry Wheeler Sun, 27 Dec 2009 15:53:03 +0000 http://simpledebtfreefinance.com/?p=1677#comment-9734 I'm not sure if I agree with what you're saying. It is true that this may impact the real estate market negatively, but isn't this a way for governments to stimulate the economy? I’m not sure if I agree with what you’re saying. It is true that this may impact the real estate market negatively, but isn’t this a way for governments to stimulate the economy?

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