Godhumor
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Thu Feb-05-09 12:05 AM
Original message |
All right, how many people here would the house buying provision help? |
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My wife and I are in the market for a house now, and I am thrilled at the possibility of this passing all the way through. I know, at least in my case, this would make things much easier for us to actually afford our first house and/or give us a wider price range to hunt in.
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Oregone
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Thu Feb-05-09 12:06 AM
Response to Original message |
1. Buy my home and it helps me |
Muttocracy
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Thu Feb-05-09 12:06 AM
Response to Original message |
2. I'm trying to figure it out - it might help me a lot, esp. as NY state cuts other programs. nt |
Godhumor
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Thu Feb-05-09 12:11 AM
Response to Reply #2 |
3. Oh yeah, Buffalo and Rochester have taken some damage from Albany recently |
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It's horrifying to watch yet more money being funneled away from upstate and western NY.
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Muttocracy
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Thu Feb-05-09 12:16 AM
Response to Reply #3 |
7. Paterson's budget proposal had some reductions in the STAR ppty tax rebate |
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not sure if they'll end up in the final thing. Property taxes are my big barrier to buying a house because they're so high and needed up front.
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jwirr
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Thu Feb-05-09 12:12 AM
Response to Original message |
4. What house buying provision? |
Muttocracy
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Thu Feb-05-09 12:14 AM
Response to Reply #4 |
6. Isakson-Lieberman amendment to the stimulus package, passed this afternoon |
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Edited on Thu Feb-05-09 12:15 AM by Muttocracy
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GreenPartyVoter
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Thu Feb-05-09 12:12 AM
Response to Original message |
5. Not able to buy a house unless someone gives me $300K or more. |
SmileyRose
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Thu Feb-05-09 12:17 AM
Response to Original message |
8. I hope I am neither buying nor selling any time soon. |
BlooInBloo
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Thu Feb-05-09 12:22 AM
Response to Original message |
9. It helps re-inflate the housing bubble. The entire problem was that housing was overpriced... |
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Now they're attempting to bring that back.
And people will fall for it.
Again.
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havocmom
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Thu Feb-05-09 12:26 AM
Response to Reply #9 |
10. that's the way I see it too. Just more fuel to the same fire |
LittleOne
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Thu Feb-05-09 06:25 AM
Response to Reply #9 |
12. The housing prices are insane |
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... you can't pay for a 500K house with a 50K a year job.
The house prices have to fall or your wages have to inflate. Simple math. I suspect we are going to go the inflation route.
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billyoc
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Thu Feb-05-09 12:34 AM
Response to Original message |
11. I wouldn't buy a house if this provision paid the downpayment and 5 years of the mortgage. |
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Housing prices are an order of magnitude higher than the structures are worth.
Just don't buy one.
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Vinca
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Thu Feb-05-09 07:42 AM
Response to Original message |
13. It will help my husband's real estate-related business. |
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I'm happy as can be about this provision.
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DU
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Fri May 10th 2024, 05:35 AM
Response to Original message |