Senate Approves Tax Break for Homebuyers
$15,000 tax break for people who buy a new home.
Isn’t the problem the fact that too many people were buying homes that they couldn’t afford with wacky mortage rates that were designed by predatory/stupid firms with impossible infinitely-skyrocketing-housing-prices models in mind?
Not to mention that we don’t really need more homes built in this country; no more ugly, resource squandering, energy wasting subdivisions. . .
At least 3/4 into the article they quote an economist who describes this and a tax break for those buying new cars as short-sighted and pandering.
