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calculatedriskblog.com - 11/4/2009
Congress Votes for Housing Tax Credit
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From the NY Times: Congress Agrees to Keep Homebuyers’ Tax Credit The Senate and House are poised to agree on a compromise measure to extend unemployment benefits that also would expand a [un]popular $8,000 tax credit for homebuyers ... The bill also extends the net-operating-loss carryback ...
Congress Poised to Keep Homebuyers’ Tax Credit
nytimes.com - 11/4/2009
Congress Poised to Keep Homebuyers’ Tax Credit
— nytimes.com — Congress Poised to Keep Homebuyers’ Tax Credit (more) Congress Poised to Keep Homebuyers’ Tax Credit
Comments vote down Calculated Risk found this 11/4/2009found this
A Compromise on Home Buyer Tax Credit?
cnbc.com - 10/28/2009
A Compromise on Home Buyer Tax Credit?
— cnbc.com — Posted By: Diana Olick Sources are telling me that there may be a compromise among Senators Dodd... and Lieberman and Senate Finance folks, like Baucus and his staff. Here's how it would work, and again, this is just a source telling me this, not ... (more) A Compromise on Home Buyer Tax Credit?

Comments vote down Calculated Risk found this 10/28/2009found this
calculatedriskblog.com - 10/28/2009
Another Home Buyer Tax Credit Update
— calculatedriskblog.com — Yesterday I heard a compromise had been reached on extending and expanding eligibility for the home buyer... tax credit, and that the housing tax credit would be attached to the extension of unemployment benefits, and that the Senate would vote today - ... (more) Another Home Buyer Tax Credit Update

Comments vote down Bear Mountain Bull found this 10/28/2009found this

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self-evident:  Congress votes to extend new home seller’s credit

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Congress votes to extend new home seller’s credit
self-evident — Via Calculated Risk. I recently learned that Australia has a similar scheme, called the “First Home Owners Grant”. Its history is somewhat interesting. (Click through to find my source for the following claims.) The Aussies introduced the $7000 credit in July 2000, allegedly to “offset the effects of the Goods and Services Tax“. Except that it was targeted to do no such thing. Then in 2001, it was expanded to mitigate the housing recession of that year. The expansion was supposed to be “temporary”, but ...

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