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phil scott phil scott is offline
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Default How I think the economy will go and why

On Jul 14, 1:28*pm, "HeyBub" wrote:
Douglas Johnson wrote:
Jim Yanik wrote:


Yes,you will not be able to sell your house if it doesn't comply
with the new laws.


Do you have a citation for this?
Thanks,
Doug


We dug it out once a couple of weeks ago (it's tough to find in a 1,400 page
bill)

It's in the House version of the Cap-and-Trade bill, though not as onerous
as it sounds. It originally applied to sales of ALL homes but was modified
to apply only to NEW construction. It includes the gamut of things down to
water heater insulation.


OK, thats better, NEW construction only, applied to existing homes it
would bankrupt
the existing housing market.



Still, it's the beginning of a federal standard of energy efficiency and
it's only a small additional step to impose it on the sale of existing
homes.


Phil scott