HB Tax Rebate Great Idea!!!!
Only if every homebuilder executive rebates to the government every dime of bonus and stock profits made during the years of the effective rebates.
See how excited the homebuilding industry will be for the passing of the legislation then.
How can you incentivise companies that overbuilt and created too much supply materially contributing to the problems we face today. The best thing we can do is force companies out of business to bring supply and demand back in balance and reward those builders that acted responsibly.
You mean those builders that are still building moderately and making a profit don't get an incentive? The plan is insane, but if the executives give back their bonuses and stock profits, that will be over a Billion dollars to subsidize the plan.
Good luck getting the exectuives to agree to that.