In your 'reasoning' since the buyer will be able to finance the whole $260,000, the fact that the new house costs $60,000 more makes no difference. All I have to say is, what are you smoking? Anyone who is not brain dead would buy the older house for $60,000 less. You have a reading and comprehension problem.
Here is the question again:
Specifically show your claim that under the FairTax, a homebuyer who has the NRST added to the price of a home with both price and taxes financed in the mortgage, will not be able to offset the increase in monthly payments with the increase in take-home pay.
Show it.
You have a reading and comprehension problem. Specifically show your claim that under the FairTax, a homebuyer who has the NRST added to the price of a home with both price and taxes financed in the mortgage, will not be able to offset the increase in monthly payments with the increase in take-home pay. You are the one with a problem. That was not my argument, and I made no such claim one way or the other on that. I made the point about competitiveness between old and new homes. I don't know why you can't seem to follow.