In order to achieve a fast pace recovery we need to let the housing market reset base on supply and demand. The basic economic premise is that where supply and demand meets that is the equilibrium price all buyer and sellers will accept. Under the current market conditions, home owners are faced with various challenges to the biggest asset on their balance sheet. If the government assists by giving tax credits to those primary home owners when selling their homes, the home owner will have relief to sell at a lower price to benefit the buyers. In turns the credit will give out of work individuals an incentive to join the work force to take benefit of these tax credits. Please see more details inside.



