IT'S EXTENDED - IT'S ALSO EXPANDED - YEAH! THE EXTENDED EXPANDED TAX CREDIT WAS SIGNED INTO LAW!!! YEAH SAYS EVERYONE... Wait just a minute.....what was that 'fine print'?
Were we the conduit? Were the Realtors used for our mighty BIG push?
What happens after April? Would we have created a 'minny bubble'?
Won't this only work if home values remain 'under valued'? Won't this only work if the interest rates stay lower than 10 year norms? Are sellers starting to catch and keep their prices a little inflated because they know the buyer is getting a tax credit?
What if, what if, what if....
Has anyone ever found out where the money for the tax credit is really coming from?
Japan and China have bought treasury note totaling 560 and 467 BILLION respectively. When they want to cash in those notes, who do call? Right....the US GOVT....and who do THEY call.....right again, the tax payers.
While this is an assumption on my part, only because I really don't know - maybe you can help me...
WHO'S REALLY PAYING FOR THIS TAX CREDIT ANYHOW?