alternative to first time homebuyer proposals
October 23, 2009 at 13:32 PM EDT
[Skip to the end] Instead of tax credits, maybe have the housing agencies offer 0% down loans to first time home buyers, and reimburse the agencies for any associated losses up to $8,000, or whatever number they deem appropriate, etc? It’s functionally nearly identical, a lot less ‘regulatory intensive,’ and not an immediate ‘budget item.’ [...]