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$15,000, you bet I'm stimulated, or am I just another pig at the trough?

By
Real Estate Agent with Coldwell Banker Kittitas Valley Realty

I have to confess here, I have been a steady oopponent of the stimulus plans, both the first one, all the bail outs, and the current stimulus/spending bill. I am a believer in the free market. If a business can not survive in the current economy, either due to mis-management or demand for their product, then so be it.

I do feel that finding the "bottom" of the housing market is key to recovery for our nation. Stabilization of prices will do much to turn around the housing market. I firmly believe their is much pent up desire by people who want to buy homes, but who wants to buy in a falling market. The 15,000 tax credit currently under discussion in congress would allow for a 7,500 per year tax credit for any home buyer, based on 10% of the value of the home with a cap of 15,000. If you don't need the 7,500 to go toward your taxes, you would get a refund.

Who pays for the refund, we do, taxpayer's do? So am I just another self serving "porker" who's only concern is what will stimulate my wallet? Is my only thought whether I can sell another house because of the 15,000 plan? I hope I am not viewed this way. I truly believe our country needs this portion of the stimulus package. Putting the housing market back on it's feet leads to economic recovery for the whole nation. So you bet I'm stimulated!

Dean Curtis - John L Scott real estate

Posted by

Dean Curtis Associate Broker, GRI, ABR 

 Coldwell Banker Kittitas Valley Realty - Ellensburg, Washington

                                                                                              

 

Show All Comments
Sonny Kwan
Quantum Group Commercial - Residential - Lease Seattle, WA - Mercer Island, WA
206-819-8228

If the nation wants a bailout , get the nations news media to stop being so negative and tell people to start buying, that will stimulate the economy,

Feb 07, 2009 04:15 AM
Associate Broker Falmouth MA Cape Cod Heath Coker
https://teamcoker.robertpaul.com - Falmouth, MA
Heath Coker Berkshire Hathaway HS Robert Paul Prop

Negtive is as negative does.  We just need to keep pushing the positives!

Feb 07, 2009 04:58 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Here's the deal, I am all for helping my fellow man. I think the Bible even mentions it a time or two. But here is this bill in a nutshell, get a copy and read the first 21 pages, then read page 211 - 279 and then the narative on page 310. No I didn't read the whole thing and neither do you. My goal was to find about the years of effect, the effect on the housing market and what my state was getting.

In a nutshell here it is there are 104 Senators, this bill has given what is commnly known as pork to 37 states, (or 74 Senators) for their vote. What do they get, glad you thought to askanything from millions to study the effect of drinking has on the Indian population, the effects of how long a mammel can live in capyivity versus in the wild to how would a bullet train running three deep will effect wildlife and National Parks across the country.

I have heard that 12 cents of every dollar spend will actually do anything to stimulate the economy, now I studied only Florida but found that less than 1 cent of every dollar of the millions (23) if my math is right will create stimulious and that is only in the government sector.

The bill will pass because we elected the bums, but we need to get ready for the one in 2010 oh yes there will be another one because ths one can't possible work. See we need to send a clear message by voting against every incumbant that voted for this bill.

Like I said I am for helping people but the only ones getting help here is politicians and they could care less about America, they just want their part, their social clubs and they planes etc. Why should they care, they make millions, blame the other guys and we reelect them.

Feb 07, 2009 05:05 AM
David Coffman
Exit Realty 1st Choice - Tucson, AZ

You're not the PIG! All the members of the senate and house that have loaded this bill with every pet spending project should be shot. 85% of it is BS. Read the published portions of the bill. Most won't do anything but stimulate the Democrats hold on power. They aren't interested in fixing anything. Just the appearance that they did something.

Feb 07, 2009 07:41 AM
P G
Charlottesville Solutions - Charlottesville, VA

Nice post! I also wanted to welcome you to activerain, I hope you enjoy it.

Feb 07, 2009 11:18 AM
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