Wednesday, November 12, 2008
Incentivize Home Puchases By Offering Cash
Per Howard Meltzer of Carnegie Mellon University who suggested this evening on the News Hour with Jim Lehrer that the government should offer home buyers a tax credit. I have an alternative, why not offer home buyers cash? Give home buyers cash to buy a home. How much? Maybe offer 1% of the purchase price for homes valued up to $500,000.
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