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	<title>Comments on: Should The Tax Credit Be Extended?</title>
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	<link>http://www.livingtwincities.com/2009/09/should-the-tax-credit-be-extended/</link>
	<description>Real Estate Trends, Tips and Info. Plug In.</description>
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		<title>By: Jason Sandquist</title>
		<link>http://www.livingtwincities.com/2009/09/should-the-tax-credit-be-extended/comment-page-1/#comment-8271</link>
		<dc:creator>Jason Sandquist</dc:creator>
		<pubDate>Sun, 20 Sep 2009 21:40:52 +0000</pubDate>
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		<description>@Rusty

I feel ya on the hard work/pay all bills aspect.  I was just chatting with the my financial planner the other day and he had mentioned that SSI will run out by 2031 and start having more go out than come in within the next few years. Scary stuff. More worried about the government spending and where the money will come from.

No doubt the tax credit has worked, but only the lower end of the market. Buyers are buying but the only thing that is being bought are the bank owned homes. Nobody to move up, the chain is broken.  Once the tax credit ends, which will be Dec 1st, home sales are horrible from Dec through Feb... We will no a lot by then.

Will keep my eye on the extension if it happens, no clear-cut information yet... you will probably see a post when it does.</description>
		<content:encoded><![CDATA[<p>@Rusty</p>
<p>I feel ya on the hard work/pay all bills aspect.  I was just chatting with the my financial planner the other day and he had mentioned that SSI will run out by 2031 and start having more go out than come in within the next few years. Scary stuff. More worried about the government spending and where the money will come from.</p>
<p>No doubt the tax credit has worked, but only the lower end of the market. Buyers are buying but the only thing that is being bought are the bank owned homes. Nobody to move up, the chain is broken.  Once the tax credit ends, which will be Dec 1st, home sales are horrible from Dec through Feb&#8230; We will no a lot by then.</p>
<p>Will keep my eye on the extension if it happens, no clear-cut information yet&#8230; you will probably see a post when it does.</p>
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		<title>By: Rusty</title>
		<link>http://www.livingtwincities.com/2009/09/should-the-tax-credit-be-extended/comment-page-1/#comment-8255</link>
		<dc:creator>Rusty</dc:creator>
		<pubDate>Sat, 19 Sep 2009 21:40:45 +0000</pubDate>
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		<description>Jason:

I&#039;ve worked all my life, paid my bills, mortgage, etc. I think now the
tax credit should be increased, however, to all homebuyers. That is fair~!
Don&#039;t you think? When will we know?
Rusty</description>
		<content:encoded><![CDATA[<p>Jason:</p>
<p>I&#8217;ve worked all my life, paid my bills, mortgage, etc. I think now the<br />
tax credit should be increased, however, to all homebuyers. That is fair~!<br />
Don&#8217;t you think? When will we know?<br />
Rusty</p>
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		<title>By: Jason Sandquist</title>
		<link>http://www.livingtwincities.com/2009/09/should-the-tax-credit-be-extended/comment-page-1/#comment-8137</link>
		<dc:creator>Jason Sandquist</dc:creator>
		<pubDate>Wed, 16 Sep 2009 03:19:53 +0000</pubDate>
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		<description>here is a &lt;a href=&quot;http://www.calculatedriskblog.com/2009/09/streitfeld-housing-tax-credit-debate.html&quot; rel=&quot;nofollow&quot;&gt;excellent link&lt;/a&gt; today from calculated risk with excerpts on what to do with the tax credit.

interesting numbers and very costly!</description>
		<content:encoded><![CDATA[<p>here is a <a href="http://www.calculatedriskblog.com/2009/09/streitfeld-housing-tax-credit-debate.html" rel="nofollow">excellent link</a> today from calculated risk with excerpts on what to do with the tax credit.</p>
<p>interesting numbers and very costly!</p>
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		<title>By: Eric Hempler</title>
		<link>http://www.livingtwincities.com/2009/09/should-the-tax-credit-be-extended/comment-page-1/#comment-8128</link>
		<dc:creator>Eric Hempler</dc:creator>
		<pubDate>Wed, 16 Sep 2009 00:49:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.livingtwincities.com/?p=1463#comment-8128</guid>
		<description>The economy really needs to correct itself without government interference.</description>
		<content:encoded><![CDATA[<p>The economy really needs to correct itself without government interference.</p>
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		<title>By: Eric Hempler</title>
		<link>http://www.livingtwincities.com/2009/09/should-the-tax-credit-be-extended/comment-page-1/#comment-8126</link>
		<dc:creator>Eric Hempler</dc:creator>
		<pubDate>Wed, 16 Sep 2009 00:41:12 +0000</pubDate>
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		<description>I think we should let the tax credit expire and see how the market reacts during the six months following the tax credit deadline. If we extend it buyers may wait longer to purchase a home.</description>
		<content:encoded><![CDATA[<p>I think we should let the tax credit expire and see how the market reacts during the six months following the tax credit deadline. If we extend it buyers may wait longer to purchase a home.</p>
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