A few days ago, I announced in a post that the $10,000 credit for California buyers of new homes had run out, and was not being extended, because of the economic mess in Sacramento. And yet there it was...two columns in this morning's real estate section of the Mercury News..."Homebuyer Tax Credits" in a Dollars and Sense article on the true cost of getting a home, telling people how to qualify and apply for this non-existent credit.
Part of the reason that this dated and incorrect news is being published is that the weekend real estate section is mostly "canned" news that originates from the various wire services. I've talked to some Merc columnists, and they said that this is a money-saving move. I know that the papers are struggling to survive, and facing strong competition from Internet and TV news coverage, but publishing dated and false information isn't the solution.
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