A Tax Relief Plan to Help Homeowners By Rich Masino About this article: If politicians are serious about trying to stabilize home values, they need to understand what they are up against. Home prices moved above trend, and they are now in the process of reverting to the mean. Unfortunately, prices still have another 20% or so to fall just to get back to trend. And remember, prices can go below trend just as they can go above. Therefore, if the desire is to stabilize home values; access to credit and stemming foreclosures will not be enough. We need to make buying a house more affordable for all Americans, not just those at risk of default. Thus, the dynamics of purchase affordability must be altered in a permanent way to have any hope of stopping mean reversion. The Plan If I were crowned king, here's what I would do -- lower residential real estate taxes across the country by funding... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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