First-Time Home Buyer Tax Credit Offers Little Housing Stimulus
Posted:Aug. 29, 2008
03:27 PM
03:27 PM
The First-Time Home Buyer Tax Credit stuffed into the Housing and Economic Recovery Act of 2008 to stimulate demand for housing or ease the mortgage crisis, will not have the desired effect. One of the reasons is this supposed tax credit is really just a loan!
First-Time Home Buyer Tax Credit Examined
Let’s examine what real [...]