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Consumer Law

: Caveat Emptor

Senate votes to re-inflate the housing bubble

By Sam Glover

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The Senate has approved an addition to the economic stimulus package that would give a $15,000 tax credit to anyone who buys a home within two years of the bill’s passage. The credit only applies to a principal residence, and would have to be repaid if the buyer sells the home within two years.. On the [...] Related posts:
  • Minnesota Senate pushing for personal finance training for college freshman
  • Appraisers pressured to inflate home values as the real estate market “softens”
  • Tax refund is (usually) happy season for debt collectors
  • Full post as published by Caveat Emptor on February 05, 2009 (boomark / email).

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