Pretty good article on MarketWatch on the new home-buyer tax credit:
http://www.marketwatch.com/story/kill-the-wasteful-home-buyer-tax-credit-2009-10-20
"The tax credit is an extremely ineffective stimulus, and like the TARP, it mainly rewards the very people who got us into this mess. It's a futile attempt to blow just a little bit more air into the real-estate bubble. Also, the tax credit gets the economic incentives all wrong."
http://www.marketwatch.com/story/kill-the-wasteful-home-buyer-tax-credit-2009-10-20
"The tax credit is an extremely ineffective stimulus, and like the TARP, it mainly rewards the very people who got us into this mess. It's a futile attempt to blow just a little bit more air into the real-estate bubble. Also, the tax credit gets the economic incentives all wrong."
