A modest proposal to stimulate the housing market
It’s bail out time again, with the housing market in a nose dive.
So forget about pesky little pump primers like the home buyer tax credit – let’s start thinking really big here.
Along those lines, I got a kick out of this tongue-in-cheek proposal from gcbma, a blog regular, that he claims will both save the housing market and the economy at the same time.
An honest to God twofer if there ever was one.
It’s modeled on cash for clunkers, which, as well all know, has made the American auto industry the envy of the world once again – well maybe the Third World, but who’s counting.
Full story is available on boston.com
