Subject:
Housing
To:
Rep. Steve Scalise
October 23, 2009
Home sales are at the heart of the recession. The $8,000 tax credit did help demand at the lower levels, perhaps under $250,000, where first time home buyers participate. However, the bulk of the housing crisis is in homes over $250,000. I would suggest a tax credit for all home buyers for a short time would kick start the entire housing market. This in turn would lead to improved employment in the housing construction business.
Lacombe , LA
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