Mitigating falling home prices benefits all
It is in the general interest of the public, not just first-time home buyers, to mitigate falling home prices to avoid foreclosures, undesired social consequences, and further stress of banks.
Immediately related elementsHow this works
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Economic and Social Policy? »Economic and Social Policy?
Domestic Economic Policy? »Domestic Economic Policy?
Response to the ongoing Financial Crisis? »Response to the ongoing Financial Crisis?
Extend the first time homebuyers tax credit »Extend the first time homebuyers tax credit
The tax credit is an unfair redistribution of wealth »The tax credit is an unfair redistribution of wealth
Mitigating falling home prices benefits all
When a home is foreclosed on, other homes' values decrease »When a home is foreclosed on, other homes' values decrease
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