Comments on: Does New Tax Legislation Reward Housing Crisis Culprits? http://www.pappasontaxes.com/index.php/2009/11/18/does-new-tax-legislation-reward-housing-crisis-culprits/ Pappas on Taxation Thu, 09 Feb 2012 04:09:25 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tax Credit Not a Big Incentive for New Homebuyers http://www.pappasontaxes.com/index.php/2009/11/18/does-new-tax-legislation-reward-housing-crisis-culprits/comment-page-1/#comment-3335 Tax Credit Not a Big Incentive for New Homebuyers Thu, 19 Nov 2009 04:10:04 +0000 http://blog.pappastax.com/?p=11367#comment-3335 [...] Does New Homebuyer Credit Reward Housing Crisis Culprits? [...] [...] Does New Homebuyer Credit Reward Housing Crisis Culprits? [...]

]]> By: Tim Manni http://www.pappasontaxes.com/index.php/2009/11/18/does-new-tax-legislation-reward-housing-crisis-culprits/comment-page-1/#comment-3332 Tim Manni Wed, 18 Nov 2009 21:34:09 +0000 http://blog.pappastax.com/?p=11367#comment-3332 Hey Tax Lawyer, Thanks for the mention! I'm sure other business's besides home builders will reap some cash from this legislation, but you hit the nail on the head: "The more things change, the more they stay the same." Is throwing more cash at these groups really necessary. If you found this info interesting, check out our latest post -- a Realtors' survey finds only 6% of buyers said that the homebuyer tax credit was their main reason behind their purchase of a home. Hmmm, not too long ago, the NAR claimed that number was about 50% (http://blog.hsh.com/?p=6880). Keep up the good work, Tim Hey Tax Lawyer,

Thanks for the mention!

I’m sure other business’s besides home builders will reap some cash from this legislation, but you hit the nail on the head: “The more things change, the more they stay the same.”

Is throwing more cash at these groups really necessary. If you found this info interesting, check out our latest post — a Realtors’ survey finds only 6% of buyers said that the homebuyer tax credit was their main reason behind their purchase of a home. Hmmm, not too long ago, the NAR claimed that number was about 50% (http://blog.hsh.com/?p=6880).

Keep up the good work,
Tim

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