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That's highly unlikely.

Posted on: August 31, 2024 at 12:28:28 CT
tigerdb MU
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Certainly the 2008 first-time homebuyer credit that bush 2 signed in, didn't have that affect.

The free money is only for "1st time" buyers and the higher amounts she's proposed were further restricted. So the pool of buyers is restricted, and probably doesn't impact middle-upper priced houses.

The biggest driver of home prices will be interest rate cuts.
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Libs - do you think Harris' 25K tax credit for 1st time home - 90Tiger STL - 8/31 08:10:56
     If by tax credit, a dollar for dollar reduction in taxes - TigerMatt MISS - 8/31 08:19:39
          RE: If by tax credit, a dollar for dollar reduction in taxes - BH O'bonga MU - 8/31 08:33:04
               Let’s assume it is really a $25K payout called a tax credit. - TigerMatt MISS - 8/31 08:57:33
                    So by "positive step" you meant it will make housing - phrejd KC - 8/31 09:05:02
                         No. If it is a tax credit that just reduces taxes owed, then - TigerMatt MISS - 8/31 09:08:25
                              So it would be harder to buy a house - phrejd KC - 8/31 09:12:15
                                   Two different scenarios. One, a tax credit that reduces - TigerMatt MISS - 8/31 09:17:45
                                        Both will increase them(nm) - tman MU - 8/31 10:56:09
                                             Nein. You are arguing that taxation is good to keep down - TigerMatt MISS - 8/31 11:21:36
                                                  Tax cuts put more money in people’s pockets - haeffb MU - 8/31 11:42:34
                                                       So increasing taxes is good because it will bring down the - TigerMatt MISS - 8/31 14:32:09
                                        They both increase home prices, Matt (nm) - phrejd KC - 8/31 09:23:30
                                             That's highly unlikely. - tigerdb MU - 8/31 12:28:28
                                             Nah. The first scenario, that $25K return on taxes - TigerMatt MISS - 8/31 09:28:32




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