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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What should Obama do next? »What should Obama do next?
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Economic and Social Policy? »Economic and Social Policy?
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Domestic Economic Policy? »Domestic Economic Policy?
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Response to the ongoing Financial Crisis? »Response to the ongoing Financial Crisis?
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Extend the first time homebuyers tax credit »Extend the first time homebuyers tax credit
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The tax credit is an unfair redistribution of wealth »The tax credit is an unfair redistribution of wealth
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Mitigating falling home prices benefits all
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When a home is foreclosed on, other homes' values decrease »When a home is foreclosed on, other homes' values decrease
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