An Economic Analysis of the Homebuyer Tax Credit

Keightley, Mark P.

Library of Congress. Congressional Research Service.

关键词: Housing;    Home ownership;    Taxation;    Tax credits;   

RP-ID  :  R40955
RP-ID  :  R40955_2009Dec01

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report provides an economic analysis of the homebuyer tax credit. Data suggest that home prices in general may be stabilizing and that the home inventory is beginning to return to a more normal level. Given the close proximity of these improvements to when the homebuyer tax credit was enacted by the Housing and Economic Recovery Act of 2008 and first modified by the American Recovery and Reinvestment Act of 2009, one could argue that the tax credit was the cause of these improvements.