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Subject: Cap-and-Trade Bill Creates ‘Retrofit’ Policy for Homes and Businesses

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artist
Posts:193

07/03/2009 11:00 PM	Alert
Get out your checkbook. Cap-and-Trade Bill Creates ‘Retrofit’ Policy for Homes and Businesses http://www.cnsnews.com/public/content/article.aspx?RsrcID=50365

CoastalDweller
Posts:61

07/03/2009 11:14 PM	Alert
Maybe some of the stimulus money can fund grants to pay for mine.

Happy Owner
Posts:153

07/05/2009 7:16 PM	Alert
I am not too excited about this. We will be selling our home in the Midwest in about three years to make the permanent move to San Diego when I retire. I am sure a 30 year old house with original windows will not meet the green standards. We just put in a new high efficiency furnace and air that hopefully will be uo to standard. We plan a new roof this summer.....guess we better find out the new roof requirements are in this bill. Hadn't planned to do new windows.....

wmcjjohnny
Posts:470

07/06/2009 2:56 PM	Alert
Posted By Happy Owner on 07/05/2009 7:16 PM I am not too excited about this. We will be selling our home in the Midwest in about three years to make the permanent move to San Diego when I retire. I am sure a 30 year old house with original windows will not meet the green standards. We just put in a new high efficiency furnace and air that hopefully will be uo to standard. We plan a new roof this summer.....guess we better find out the new roof requirements are in this bill. Hadn't planned to do new windows..... Yep, You might want to change your moniker to Unhappy Owner after reading that one. Big Brother is alive and well and injecting green into everything it sees. Anytime I open an article and see a picture of Pelosi grinning ear to ear, all I can see is another politician with a God complex trying to tax Americans to death to save them from themselves. What needs to happen and very soon is a peaceful and forceful states revolt of some sort to thwart off the very heavy handed new administration which is involving itself in every aspect of our lives from a heavy tax burden relating to provision of health care for all, administration of local banks in each state, owning car companies, and now something like this which will make it nearly impossible for some homeowners to sell their "investment". Retrofitting older homes and commercial buildings is like trying to take a 57 Chevy and bring it up to today's emission standards....simply put, it's a fantastically flawed idea. J

bernardino
Posts:10

07/06/2009 7:12 PM	Alert
This doesn't sound like it's any more

bernardino
Posts:10

07/06/2009 7:17 PM	Alert
... invasive than emission standards for cars. I'm sure the lobbists will water it down so that everyone and their mother can get an exemption. Also, if you think that a home is an "investment" then you're a terrible investor. Homes are income eaters. The ~7% annual appreciation pales in comparison to other investments, especially when you take into account the money you are dumping into maintaining the home, taxes, interest, etc.

bernardino
Posts:10

07/06/2009 7:21 PM	Alert
Also... "To help pay for the cost of these retrofits, states and localities may provide loans, utility rate rebates, tax rebates, or implement retrofit programs on their own. In fact, the government will even pay up to 50 percent of the cost of a retrofit through financial awards to individual home and building owners." Congratulations home owners, you're getting free money from taxpayers who don't own homes to make your own home improvements.

Happy Owner
Posts:153

07/06/2009 7:36 PM	Alert
This doesn't change my status from Happy to Unhappy. I have no regrets about being a multiple home owner, just don't want the government deciding whether the house is green enough to sell. Let the new buyer decide if it meets his/her green requirements.

Jack**
Posts:215

07/06/2009 10:10 PM	Alert
I'm wondering what these government inspectors will force me do do when I try to sell my vacation cabin that is not plumbed or electrified? Place round pieces of insulation over the "ends of soup cans" that currently cover the holes where the knots fell out out of the exterior walls? LOL I predict our next economic implosion will be the result of actions implemented by Green Machine.

wmcjjohnny
Posts:470

07/07/2009 8:34 AM	Alert
Posted By bernardino on 07/06/2009 7:17 PM ... invasive than emission standards for cars. I'm sure the lobbists will water it down so that everyone and their mother can get an exemption. Also, if you think that a home is an "investment" then you're a terrible investor. Homes are income eaters. The ~7% annual appreciation pales in comparison to other investments, especially when you take into account the money you are dumping into maintaining the home, taxes, interest, etc. Bernardino, The reason I had the word "investment" in quotes is because as I have stated in numerous previous posts, I don't believe home buying is even a good investment compared to other opportunities. Thanks for the unsolicited advice though and jumping in with both feet after an obtuse observation. In the meantime, I crown you the "new Eugene" and the king of investing on SDL. J

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