Seeking Alpha

jimocarroll » Comments » APC

  • Cramer's Mad Money -10 Reasons the Economy Is Not So Bad (2/6/09) [View article]
    > Housing sales are rising where the prices are low. In addition, the $15,000 tax credit for homebuyers might help spark a housing recovery.

    Please excuse my cynicism, but I see the net effect of this "tax credit" as increasing the asking price of homes currently on the market by about $15,000 each.
    Feb 08 08:58 am |Rating: +5 -1 |Link to Comment
More on APC by jimocarroll
Comments by Ticker
jimocarroll's
Comments Stats
44 comments
Rating: 21 (33 - 12 )