I had been wondering wheather the $8,000 Tax refund was a motivating force behind buyers motivation to purchase before the April 30th deadline. Now that we'[ve passed the deadline, it no longer a question. For the most part our calls have drastically diminished. I have been wondering wheather or not the industry as a whole is motivated to patition the goverment to reinstate the Tax refund program. Why stop whats workingt ?
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First World Mortgage - West Hartford, CT
Good question. If you ask me, I think that the $8,000 tax incentive was a dumb idea to begin with. Why? Because thats money that's borrowed, printed, and inflated that's going to come out of the pockets of the hard working tax payers. It was a short term solution created by the government to stimulate the real estate market that's going to cause a very damaging affects in the long run.
May 06, 2010 01:14 PM
Rainer
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