Mynhagent

Think:: if we give $25,000 to buyers?
A. Where does the government recoup this money? Taxes.
B. Without inventory this will only raise house prices $25,000. Sellers are not dumb!
C. They also want to tax Unrealized Capital Gains. So in 2 years you may get taxed for the value increase in your equity, even if you do not sell. (No way they will only tax millionaires)
3 million homes over 48 months 62,500 units by 50 states = 1,250 per year only!
The need for housing is real. but we need more units. Without units and lower rates we are stale. Slowly drifting to a buyers market.

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