It’s that time of year again: time for lobbyists to convince Congress to extend the home buyer tax credit.
The National Association of Realtors and other industry groups are beginning to make the rounds on Capitol Hill to press their case, which goes something like this: We know you’ve extended the tax credit two times already, but the housing market is still fragile, the tax credit is working, and don’t forget– you’re up for re-election soon. In other words, do you really want to own the next leg down in home prices?
See the rest of the article at the Wall Street Journal online:
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