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The White House will pass every socialist Bill by jamming it through the door.
Cap & Trade will destroy the housing market, there I said it twice.
Be warned! Every homeowner will be required to get a license to
sell their home. Basically it's a label to have everything state of the art
energy star. It has to pass an inspection which can take up to 3 months
for approval and it failed after buying energy star appliances, then you
will have to go out and buy updated products. Why would the market
drop another 30% by next year with more taxes on it's way and big WH spending
out of control. No signs of a housing recovery in the next 5 years plus!
I heard the new in is renting!
Although I am insanely bearish on RE and agree that there will be a double dip coming for many reasons... I don't think Cap and Trade is involved in that line of thinking at all:
The White House will pass every socialist Bill by jamming it through the door.
Cap & Trade will destroy the housing market, there I said it twice.
Be warned! Every homeowner will be required to get a license to
sell their home. Basically it's a label to have everything state of the art
energy star. It has to pass an inspection which can take up to 3 months
for approval and it failed after buying energy star appliances, then you
will have to go out and buy updated products. Why would the market
drop another 30% by next year with more taxes on it's way and big WH spending
out of control. No signs of a housing recovery in the next 5 years plus!
I heard the new in is renting!
The Market drops because they are putting the cash in their market from what they themselves call a "sucker rally".
True, the US, is at least in $ volume, is the most socialist country on earth but ours consists of making private sector loses public debts.
Just my offhand opinion, but shouldn't political opinions be expressed on the political threads? I mean, it's not like there aren't a million of them or anything.
To me, this is a place where people go to get help with real estate, not hear Rush Limbaugh or Keith Obermann pontificate.
Just my offhand opinion, but shouldn't political opinions be expressed on the political threads? I mean, it's not like there aren't a million of them or anything.
To me, this is a place where people go to get help with real estate, not hear Rush Limbaugh or Keith Obermann pontificate.
Not a rant -- just a comment.
Agree. I think the OP has an agenda to push instead of a legitimate RE topic to discuss.
Agree. I think the OP has an agenda to push instead of a legitimate RE topic to discuss.
That was my impression as well, but my apology if we misread this. On the other hand, I feel sorry for people making serious financial decisions for the future of their family based on the foolishness of cable TV political pundits, left or right.
I mean, just because we're going to be Marxists by the end of the year doesn't mean you have to panic!
Agree. I think the OP has an agenda to push instead of a legitimate RE topic to discuss.
Without a doubt. When someone posts a reference to the President as "President Tarball" the thread has taken an unfortunate turn to...well, I'll keep my mouth shut. The last guy wasn't exactly perfect either, where were they then?
Without a doubt. When someone posts a reference to the President as "President Tarball" the thread has taken an unfortunate turn to...well, I'll keep my mouth shut.
Well, to give that poster the benefit of the doubt, that's a reference to the oil situation in the Gulf and not a reference to his color. It comes a little too close to "Tar-baby" for my tastes, but I really don't think that's what they had in mind in the least.
In any case, those comments belong in one of the ten million political threads, imo. I'm here to get and give advice about real estate issues. The kind you can use in the real world.
I'm not sure why an energy audit would be necessary. A few calls to the utility providers along with a general inspection and basic information about the family selling the property provided plenty of information about the energy-efficiency of my home. It was obvious that my house had original windows, an old water heater, and a non-functioning HVAC system. The property was priced accordingly. I'm not the least bit worried.
I, for one, hadn't heard of this legislation and think it's great. If this had been law a few years ago, we probably would be interested in buying new construction now (or would already be in a new, energy efficient home), instead of being shocked that the state we moved to had no energy efficiency standards for new residential construction.
As it is, we're looking at older, smaller homes with the hope of retrofitting one to be energy efficient. A pain in the butt, but it's the only option since the builders were all focused on maxing out square footage and the no one paid any attention to energy ratings.
As for what it will do to the housing market-- come on. The housing market is bombing. It will continue to bomb. That horse has already left the barn. However, if the government mandates all kinds of NEW things-- in housing, cars, whatever-- there's a chance that those industries will be built and grow in the USA and that a job market could grow around them.
Think how many "tech jobs" existed in 1992. How many "solar jobs," "geothermal jobs," "electric car," jobs can new requirements create?
Too bad that massive chunk of change went to bailing out banks instead of bankrolling new industry.
One person's opinion. Standard disclaimers about housing being local apply-- yes, not every zip code is bombing.
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