The current "expanded" version of the first time home buyers tax credit of $8,000 is due to expire at the end of April. Do you think it should be extended further? if so, how long do you think it should last? I am going to be a first time home buyer this year. I've been in the market for almost a year. It is my opinion that this credit has definately kept home values stable. and that is prolly the reason it was created...so I think we can say it's been a success. But...I don't think it's good to keep home values artificially high and even though I'm eligible to get the $8k, I don't like it. I'd rather see home values bottom out to their true value. The reality is, unemployment is going to be high for a long time (3-5 years), so true demand won't increase significantly. What this policy is doing is bringing demand forward and it has to end sometime. Why not now?