Housing Bill: Big tax breaks for home buyers
While reading through the WSJ coverage of the recently passed housing bill (not yet signed by the President), this line caught my eye. Should definitely push the demand side.
First-time homebuyers purchasing a home between April of this year and through June of next year would receive a tax credit for 10% of the value of their home, up to $7,500,
Congress Passes Housing Bill – WSJ.com.
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All this new stimuli, the value. The demand side in their home. From there we headed all of the demand side to a home of the President.