This has effectively eliminated the program along the East and West Coasts where house prices are higher….

In other words, the program has probably led to higher prices in these areas than we would be seeing without it.

Auction House prices are jacked up right after the patch. Also, new content means new wipefests. So we must be prepared for that….

I hope not), and since I didn’t think that home prices had fallen enough, it was helpful. … That said, the program is really (like the tax breaks for mortgage interes) a payout to people sufficiently well off to buy/own a house and that don’t really need i…I priced it into the house (and hope that the homeowners did not, but I really can’t know if my realtor told theirs that I was a first time buyer;…Tax credits/breaks for homeowners artificially raise the price of housing (much like low interest rates)….I don’t want my house to go down in value but it won’t bother me much if it does.

For those interested in taking advantage of the program, this means a house purchase must be completed by that date in order to receive the credit. ..