Interview with the Chief Economist at the National Association of Realtors

Ellen Ratner interviews Lawrence Yun, the Chief Economist at the National Association of Realtors, about the troubled housing market (4:44).
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How will McCain fund his new housing plan?

Doug Holtz-Eakin, McCain-Palin’s 2008 senior policy adviser, lists the resources for their campaign's initiative to revive the housing market.
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Dr. Seiders says he recommends creating a tax credit for home purchase

At the Senate Finance Committee on "The Real Estate Market: Building a Strong Economy," Dr. David Seiders, Chief Economist and Senior Staff Vice President at the National Association of Home Builders, says his recommendations to the finance committee are creating a tax credit for the purchase of a home, expanding the mortgage revenue bond program, expand the net operating loss deducting carry back, and designate housing an eligible investment for tax-preferred retirement accounts. (1:01)
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