Its possible that some people might take that $2,000 or so and use it for a downpayment on a house. With an FHA loan on a $100,000 house thats enough to get it done. That might help housing markets in lower cost areas. In spite of what the media would have you believe there are still very low downpayment loans available. So, I can see ways that it might help. When people buy houses they tend to buy appliances, carpet, paint, lawnmowers, etc. which helps the whole economy.
For me personally, I see it as a way to get more people into houses which will help my personal economy. My marketing will soon be telling people that the rebate can be your ticket to the American Dream of home ownership.
For me personally, I see it as a way to get more people into houses which will help my personal economy. My marketing will soon be telling people that the rebate can be your ticket to the American Dream of home ownership.