Repeating an action and expecting new result?

how about a new homebuyer tax credit ?

well why didnt you say so, Comrade!?

So, from one loan to another.

How the hell is that a help?

The Treasury Department is providing $2.1 billion to struggling homeowners in what it calls the "hardest hit" states. The Treasury awarded $1.5 billion to five states in June and will award $600 million to five other states later.
Where the heck does this money come from?
Ok...Some from me
Some they just print up
Some they borrowed from my daughter and my unborn granddaughter
BooHoo...shit happens
Why in the world would big daddy step in with this bandaid plan?
Let the RE market be and it will right itself via the laws of supply and demand.

Amazing what steps we'll go through to support the banks. Still think this is for the home owner?

"Still think this is for the home owner?"

If it keeps the homeowner from being homeLESS, yes it's a help for the homeowner.

No, Matt, keeping the home owner in a home he can't afford is not good for the home owner. In many cases renting would be in his best interest.

columbiacounty ,you seem upset. Is it because aboutready wished us farewell? Conveniently timed the morning she was going on vacation?

She'll be back. She wished streeteasy farewell two years ago. Jsmith posted the link to her farewell, didn't you see it?

jsmith9005
about 11 hours ago
ignore this person
report abuse I think I've heard this before - http://streeteasy.com/nyc/talk/discussion/2496-the-sky-is-falling
Who wants to take an over/under that she posts again within 3 months?

aboutready
about 2 years ago
ignore this person
report abuse I'm sure a number of you will be happy to see my departure (although Spunky, I will truly miss you) but I have found a number of real estate blogs where I don't even feel compelled to post very often, because I agree generally with what's being said (and they're run by real estate brokers, no less.) I'm sure that nervous habit, or excessive boredom, will cause me to check in once in awhile (particularly about specific buildings I might be interested in), but generally I find you guys to be storks with your heads so stuck in the sand its gotta cause some major itching.

New York IS different, just not THAT much. Bye, and good luck.

You already did this one.