Home Builders Get In Line for Bailout - Who's Next?

[ksimons]

The builders' lobby is ramping up its sales pitch for a $250 billion stimulus package called "Fix Housing First," arguing that financial markets won't recover until home prices stop falling. They are calling for a generous tax credit for home purchases and a federal subsidy that would lower a homeowner's mortgage rate.

Builders are promoting the campaign with full-page newspaper advertisements.


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