Aug 30
It would be far better for housing and the economy to announce "There will be no further housing tax credits."
I agree. Once subsidies are expected you’d be stupid to buy when they aren’t in effect. At a minimum not only would you feel stupid you would be competing against subsidized purchases when you sold your unsubsidized house later. Even worse are targeted subsidies aimed at people who can’t afford mortgages – been there done that.