Nearly half, or 48 percent, of those participating in an online survey released today said they want the Federal tax credit for home buyers back to re-stimulate the housing market.
Another 25 percent preferred the idea of bulldozing a surplus number of mostly old and vacant homes to help markets recover from their record downturn. Sort of like plowing under the pigs, 21st Century style. Seventeen percent supported dropping interest rates further and eight percent would like to see the President appoint a “housing czar.”
In July the site called the Housing Predictor reported that more that about half of those who participated in its poll would like states to offer a $10,000 state tax credit to home buyers to make a purchase like California is doing to help overcome the downturn in its markets. But almost an identical number said that maybe tax credits weren’t such a great idea for states saddled with economic hard times amid dropping tax revenue collections.
In a poll earlier this year, 78 percent said the government should stay out of the foreclosure crisis. By a 63-33 margin, voters in a current poll on the site say borrowers who walk away from a mortgage should be held responsible for their debts.