http://mikelevan.com/blog/en-USRPS Blog Version 1.1.0.0http://mikelevan.com/blog_post.asp?post=1739Mon, 09 Apr 2007 08:04:00 GMThttp://mikelevan.com/blog_post.asp?post=1739http://mikelevan.com/blog_post.asp?post=1739#comment0http://mikelevan.com/blog/commentRss/1739.aspxhttp://mikelevan.com/blog/services/trackbacks/1739.aspx<div style="font-family:arial, geneva, lucida, sans-serif;"><div style="MARGIN: 0in 0in 0pt"><strong>How should we fix the Pop-up Tax?</strong></div> <div style="MARGIN: 0in 0in 0pt"><strong></strong></div> <div style="MARGIN: 0in 0in 0pt"><strong></strong></div> <div style="MARGIN: 0in 0in 0pt"><strong>By Michael J. LeVan</strong></div> <div style="MARGIN: 0in 0in 0pt">G.P.B.R. &ndash; Government Affairs Chairman</div> <div style="MARGIN: 0in 0in 0pt">M.A.R. &ndash; Public Policy Committee</div> <div style="MARGIN: 0in 0in 0pt">&nbsp;</div> <div style="MARGIN: 0in 0in 0pt">There is no doubt that the lackluster Michigan economy has had a negative effect on home values in Michigan.&nbsp;But what about the Pop-up Tax, how has that impacted house prices?&nbsp;&nbsp;</div> <div style="MARGIN: 0in 0in 0pt">&nbsp;</div> <div style="MARGIN: 0in 0in 0pt">Homes, like cars, are now purchased based upon monthly payment, not total price.&nbsp;When a buyer meets with a mortgage lender, they determine what the buyer can spend <em>per month</em> on&nbsp;..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://mikelevan.com/blog_post.asp?post=1739">read&nbsp;more</a><font size="-3" color="gray">)</font></span><img src ="http://mikelevan.com/blog/aggbug/1739.aspx" width = "1" height = "1" /></div>