Economic

1. Bang per Buck of Low-Income Housing Tax Credits? Suppose you build a low-income house that qualifies for the low-income hous- ing tax credit. The cost of building the house is $100,000. a. Over a 10-year period, your tax credit is computed as... b. Based on Quigley's results, the market value of the house is computed as... c. The market value is less than the building cost because