And house much per house for the first time buyer tax credit?
Calculated Risk suggests that instead of $4.2k and $8k per car and house, it really is more like $7.2k and $43k if you look at the cost for increasing sales. Even if that’s true, I’m not sure it’s the proper way to look at it because the people that would have bought anyway are still saving money and may spend it on other things or use it to save. The question of how much it is helping the economy is thus more complex and dependent on what people are doing with the extra money. Still, food for thought.
















