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Bailout
: Calculated RiskCalifornia Extends Homebuyer Tax Credit
By Anonymous
The deal reached Monday provides $200 million in new tax credits for homebuyers, to be split evenly among those buying a home for the first time and anyone buying a newly constructed home. Anyone qualified who makes a purchase between this May and August 2011 will receive a credit for 5 percent of the home's purchase price, up to $10,000 over three years.Dumb. Not that there is budget problem in California ...
Full post as published by Calculated Risk on March 24, 2010 (boomark / email).
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