The Real Estate Wonk: Hancock: Don't extend the first-time buyer tax credit - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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September 30, 2009

Hancock: Don't extend the first-time buyer tax credit

Sun columnist Jay Hancock argues today that Congress shouldn't extend the $8,000 tax credit for first-time buyers, which is set to expire Nov. 30. (Its possible extension is the subject of intense lobbying by housing-industry groups that want it around for another year.)

Hancock says letting the credit sunset is the fiscally responsible thing to do, "since the country no longer seems in danger of entering a new Depression."

Agree? Disagree? He's taking comments here.

Posted by Jamie Smith Hopkins at 9:43 AM | Permalink | Comments (1)

Comments

agree

Posted by: Darwin Rules | October 1, 2009 9:53 AM

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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