In an effort to jumpstart the housing market in 2008, the federal government took the first step. The Housing and Economic Recovery Act of 2008 established a tax credit for firsttime homebuyers. This report critically examines the impact of the firsttime homebuyer credit.
In an effort to jumpstart the housing market in 2008, the federal government took the first step. The Housing and Economic Recovery Act of 2008 established a tax credit for firsttime homebuyers. This report critically examines the impact of the firsttime homebuyer credit.
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