Assemblyman Louis D. Greenwald had the following published in the Gloucester County Times:
“Home sales in New Jersey fell 23 percent in May and 27 percent in June. Those numbers are even scarier considering those are typically busy times for the real estate market.
“Home construction has plummeted.
“That’s why, as New Jersey struggles to emerge from the worst economy since the Great Depression, I introduced legislation to create a New Jersey Homebuyer Tax Credit program. It was a sensible way to revive our economy and put people back to work. It was widely praised and backed by both Democrats and Republicans. It passed the Senate 38-0 and the Assembly 67-8. Everyone agreed it was the shot in the arm New Jersey’s economy needed.
“Well, almost everyone…”
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