Homeownership is economic Band-Aid

Re: 'Homebuyer tax credit back in play?' (Aug. 30)

Dear Editor:

It would do well for (Housing Secretary Shaun) Donovan to consider that homeownership has held up a sagging economy for many years. Not only would the demise of selling and purchasing real estate have a dramatic negative effect to our society as we know it, but one must consider all of the secondary purchases and spending that homeownership brings to employment and the economy.

To disregard private homeownership would be lethal!

Al Nissen
Associate broker
The Danberry Co.
Temperance, Mich.

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