Home buyers beware. Trying to save up for a new home? You may have to save up a little longer for your purchase.
The Democrats’ Cap and Trade bill would dramatically increase new home costs by mandating California’s expensive new building codes for the entire nation. Immediately upon enactment, the Democrats’ bill would demand a 30 percent increase in energy efficiency for new construction.
A couple of years later, the Democrats’ bill would require an additional 50 percent improvement in energy efficiency.
Home owners beware. When you sell your house, environmental experts have to come in and do a survey to find out if you've got leaky windows, if all the environmental systems are correct, if you have relatively new appliances, and until you modernize in the way they say, you can't sell -- that's in the bill.
This bill is 1200 pages long. No one read the whole bill They didn't even know what they were voting on.
The House passed this bill. Don't let the Senate do the same. The effect this will have on the U.S. housing market alone is reason enough not to vote Cap and Trade in.
