Posted on 07/27/2010 3:53:44 AM PDT by jerry557
DEPRESSION... LIVE WITH IT... YO HAVE NO CHOICE... YET... but November is coming. Choose wisely.
LLS
I cannot be bought... they have tried.
LLS
They will continue to try to buy us, it will work on many, the actions of selling out will be justified in endless ways.
No new jobs, no demand. It’s pretty simple. Receding job base results in surplus homes due to the lower number of individuals who can sustain a mortgage.
You can count on me and many here in Mississippi.
LLS
The 8 grand would only have been one third of the federal income taxes I pay every year, so yes, I would have taken it.
Of course if prices are still falling in a year, we won;t buy next year either. We’re in no hurry, but at this rate we may save enough to pay cash!
Houses in D.C. suburbs still go for twice what they would be worth in an average suburban neighborhood. Anything remotely affordable, say a 3 BR ranch, 40-50 years old, may go for $300K but it will be in a neighborhood that permits 2-3 families to pile into one house and have terrible schools.
It’s so unfair to young professionals who just want a starter family home and it’s all due to the millions of government employees who need to be within commuting distance of downtown. A starter home in a D.C. suburb with decent schools and a “not impossible” commute goes for $450,000. It’s crazy. Not everyone who works for the government makes $200,000/year.
How about the OTHER tax money? Your property tax? Although our home values have dramatically decreased, why haven’t our tax assessments followed suit.
Has anyone on this board seen any DECREASE in the tax valuation of their property? I didn’t think so. As a matter of fact, the local and county governments continue increasing both tax rates and appraisals like we were still in a roaring economy.
Time for rebellion starting with our local government and then to the next higher level. Make them fear for their jobs and only then will things change.
Would you have to be a first time home buyer to qualify for the tax credit?
It’s very hard to believe someone paying $24,000 per year in federal income tax has not owned a home.
The vast majority of takers of the home buyer tax credit are not paying any federal income tax, especially after applying the tax credit.
They are receiving a check from the federal government “for taxes”.
This is money from the “Bankrupt America Act.”
It is WRONG.
We have never lived in one place long enough to put down roots until now. So yeah, I would do it. Do you not take the tax deductions/credits the law allows?
Of course I use business deductions.
This home owner tax credit is part of the policy to tread water and phoney up the housing market while the marxist economic socialist destroy America.
Tax policy should NEVER result in checks going from the government to the American people, which is often the case with tax credits, earned income credit.
That’s wealth distribution.
But it is what it is.
We all love more money, they use that against us.
Just like the people in Boston loved their tea. Wouldn’t you take the tea? Or throw it in the water?
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