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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (237056)1/28/2010 9:05:52 AM
From: Think4Yourself of 306849
 
Not only was the demand brought forward, but the housing prices rise to reflect the discount. You are therefore paying whether you buy or not (as a taxpayer) and you are paying again if you do buy.

Same thing happens with education. Give a benefit and the cost of education rises roughly to match. The student gets almost none of the benefit unless the schools are financially controlled, like most community colleges. Classes at the community college are one fourth to one tenth the cost for the same classes at the mainline colleges. Most interesting part is the instructors at the community college are FAR better teachers, at least around here.

It's also happening with energy star appliances right now, and it happened with insulation when the government decided to give tax incentives.

EVERY time the government tries to "fix" something they shouldn't be meddling with, they end up making the overall situation worse for the people.
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