Real Estate Revolution: How Real Estate Rebates Will Save the Economy

With the continuing news that the economy maybe slipping into a recession or currently is in a recession, it is time for consumers to seriously consider the reality of the current economic crises. Fed chairman, Ben Bernanke, has a grim outlook on the economy and continues to cut interest rates in effort to stabilize the housing market. On the urge of President Bush, The U.S. Treasury will be providing Tax Rebates between $300 -$1200 starting in May of 2007. The extra cash and lowered interest rates will help, but are these efforts enough to turn the economy around, or are we just putting a band-aid on a flesh wound and hoping that it will eventually heal on its own? Many economists feel that economic conditions are much worse than President Bush and Fed Chairman Bernanke are admitting. The reality is that these men are desperately doing everything they can, but it is just not enough. So what will be the catalyst for economic growth in the United State? Is it John McCain, or how about Barack Obama? We certainly need change, so maybe Obama is the answer? Or maybe it is something that will actually put thousands of dollars into consumer’s pockets.
What has the potential to do this you ask? Real Estate Rebates. Real estate is the cause of the current economic crisis, so it only makes sense that it be apart of the solution. In 2007 the real estate industry generated $55 billion dollars in real estate commissions. In addition to rate cuts and tax rebates, real estate rebates will put a substantial amount of money into consumer’s pockets. This will amount to billions of dollars that consumers can use for new furniture, home renovations, a new car, or anything else they may desire. The rebate can even be used to make mortgage payments. The bottom line is that real estate rebates are putting a significant amount of money where it belongs: in the hands of the people.  The department of justice endorses real estate rebates and feels that consumers stand to benefit from the thousands of dollars they will each receive.  To learn more about real estate rebates and how you can reap these benefits, visit www.shapbuyers.com. To see The Department of Justice’s endorsement of real estate rebates go to http://www.usdoj.gov/atr/public/real_estate/rebates.htm