Comments on: Tax Breaks For New Home Buyers http://livingoffdividends.com/2008/08/17/tax-breaks-for-new-home-buyers/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 13 Dec 2011 07:31:37 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Daniel http://livingoffdividends.com/2008/08/17/tax-breaks-for-new-home-buyers/comment-page-1/#comment-13446 Daniel Wed, 27 Aug 2008 17:16:06 +0000 http://livingoffdividends.com/?p=824#comment-13446 An interest free loan for first time home buyers? I suppose this is meant to encourage first time buyers to purchase already foreclosed homes. But, are those homes really priced at a level that first time buyers can afford? What price range are most foreclosures at? Will these homes being purchased cause more problems in the future? I don't think the solution to a credit crisis is to offer more and cheaper credit. An interest free loan for first time home buyers? I suppose this is meant to encourage first time buyers to purchase already foreclosed homes. But, are those homes really priced at a level that first time buyers can afford? What price range are most foreclosures at? Will these homes being purchased cause more problems in the future? I don’t think the solution to a credit crisis is to offer more and cheaper credit.

]]> By: Hustle Strategy http://livingoffdividends.com/2008/08/17/tax-breaks-for-new-home-buyers/comment-page-1/#comment-12727 Hustle Strategy Mon, 18 Aug 2008 19:37:19 +0000 http://livingoffdividends.com/?p=824#comment-12727 I wonder who owns the first loan on the house, AKA who gets paid if it goes into foreclosure first. Also are there any other restrictions other than first home? It seems this would only encourage people that shouldn't be buying homes to try and buy a home. This just seems a bit sketchy. I wonder who owns the first loan on the house, AKA who gets paid if it goes into foreclosure first. Also are there any other restrictions other than first home? It seems this would only encourage people that shouldn’t be buying homes to try and buy a home.

This just seems a bit sketchy.

]]> By: Living Off Dividends http://livingoffdividends.com/2008/08/17/tax-breaks-for-new-home-buyers/comment-page-1/#comment-12723 Living Off Dividends Mon, 18 Aug 2008 19:16:07 +0000 http://livingoffdividends.com/?p=824#comment-12723 Good point Quentin. <b>You cannot privatize profits and socialize losses. That's just retarded!</b> Good point Quentin. You cannot privatize profits and socialize losses. That’s just retarded!

]]> By: Quentin http://livingoffdividends.com/2008/08/17/tax-breaks-for-new-home-buyers/comment-page-1/#comment-12671 Quentin Mon, 18 Aug 2008 00:12:52 +0000 http://livingoffdividends.com/?p=824#comment-12671 Yes, they ARE dragging this out. If the banks made bad loans, and consumers overextended themselves, then it's a learning experience for each, albeit an EXPENSIVE learning experience. The government (which is actually us taxpayers) can't bail everyone out just because they made a mistake.... Yes, they ARE dragging this out. If the banks made bad loans, and consumers overextended themselves, then it’s a learning experience for each, albeit an EXPENSIVE learning experience. The government (which is actually us taxpayers) can’t bail everyone out just because they made a mistake….

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