The Phoenix Real Estate Guy: “Sometimes I don’t understand Congress and the government. Ok, often I don’t understand them… Case in point: The flurry of activity in the hollowed halls of the U.S. Capitol building over the last couple of months to get the first-time homebuyer’s tax credit extended (and expanded beyond first-time buyers) was touted as necessary to help people buy homes and turn around the ailing real estate market – and the U.S. economy. Billions of dollars have been spent on this program, with billions more to come.”
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