Expensive Homebuyer Tax Credits
Posted by Ted C. Jones on April 29, 2010
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NAR summarizes NY Times article on homebuyer tax credits – expensive but they worked. The linked article estimates that more than $8 billion of payments (through February 2010) went to people that would have purchased the home regardless.
http://www.realtor.org/RMODaily.nsf/pages/News2010042801?OpenDocument
