In yesterday’s edition of the online edition of the Wall Street Journal, it was reported that a group of business executives issued a set of recommendations for the White House and Congress that are aimed at jump-starting the housing market in order to stimulate a broader economic recovery. How is this important in the Tallahassee Real Estate Market?
Business Roundtable Wants Tax Credit For All Home Buyers
We have written quite a bit here lately about the First Time Homebuyers Tax Credit, so this is directly related to that program. The Business Roundtable, an association of chief executive officers of leading U.S. corporations, feels that the best way to boost the economy is to stimulate the demand side of the real estate market.
In their press release, they stated “We believe targeted, demand-side solutions – such as the ones Business Roundtable is recommending today – will provide a critical next step for a housing recovery that will help create jobs and boost the economy as a whole.” So, what exactly are their recommendations?
[click to continue on to their recommendations…]
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