I am trying to find your video but am lost….

Thanks for your comments. I totally agree that NAR and the NAHB should take care of themselves, it’s just the ‘how’ I’m irritated by. I don’t think constantly ‘spinning’ housing data is in the best interest of the consumer and I think the consumer knows it. I think Lawrence Yun needs to have ‘Jive talking’ by the BeeGees playing under about every comment he makes.

I also don’t think ecouraging economic policies that will further damage our recovery down the road is in the consumer’s best interest as well. If it’s not in the consumer’s best interest, it’s ultimately not in the best interest of NAR or the NAHB or Realtors. If consumers don’t believe that we’re doing the right thing for them, they certainly won’t believe much of anything else that comes out of those three groups. From your overall comments I suspect we’re both on the same page on that!

I’m glad you pointed out that NAR and NAHB are more concerned about themselves. They are businesses and that’s what businesses do – I’m not surprised in the least by that. The NAHB even set up a website about the tax credit when it came out and pushed it as the ultimate source for knowledge on the topic. I sent people to the IRS website instead. Of course the NAHB is going to paint it as sunshine and roses.

Hey, I’m not going to deny it – the tax credit is good for business. Good for the businesses that are directly involved – including myself. Is it good for the economy? The taxpayer? The American psychology of purchasing? Look at the big picture in terms of some of those and any one can see there are some troubling issues.

Do I want to sell more houses today? Of course I do. Do I want to sell them today knowing that tomorrow might not be a good day because of that? No. I’ll take my hits now while I’m expected them.

Let’s end the tax credit, let’s end the speculation about it, let’s end the promises of more credit for more people, let’s just end it.

We talk about how we had to make lenders more realistic and had to tighten the reigns on some of these ridiculous loans they were writing – are we not allowing our selves to be unrealistic? How many came off the fence, but how many are waiting for a bigger tax credit? I just don’t see the logic in allowing this to continue.