Comments on: Waxman-Markey and St. Louis Real Estate http://stlouisrealestatevoice.com/2009/09/24/waxman-markey-and-st-louis-real-estate/ All you want to know about St. Louis Real Estate! Thu, 09 Feb 2012 14:26:18 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Keahi Pelayo http://stlouisrealestatevoice.com/2009/09/24/waxman-markey-and-st-louis-real-estate/comment-page-1/#comment-1404 Keahi Pelayo Mon, 28 Sep 2009 17:08:09 +0000 http://stlouisrealestatevoice.com/?p=1919#comment-1404 Adding an "r" in the appropriate place in the "cap" and you get the true impact of this bill. Aloha, Keahi Adding an “r” in the appropriate place in the “cap” and you get the true impact of this bill.
Aloha,
Keahi

]]> By: Ryan Shaughnessy http://stlouisrealestatevoice.com/2009/09/24/waxman-markey-and-st-louis-real-estate/comment-page-1/#comment-1396 Ryan Shaughnessy Fri, 25 Sep 2009 02:10:08 +0000 http://stlouisrealestatevoice.com/?p=1919#comment-1396 Doug/Art: I like this hard real estate news post. The cap and trade bill is bad for so many reasons... Here are a few of them: (1) rise in utility/energy prices. (2) Federalization of housing codes by mandating certain energy efficiency levels in new construction. (3) Mandates for environmental inspections that would increase transaction costs and insert just another issue to justify further negotiation in price. The environmental inspection requirement mentioned was deleted by amendment from the original house bill after lobbying by NAR and other organizations. From the article, it looks like it is back on the table which isn't a good thing - especially for older homes in established communities. Ryan Doug/Art:

I like this hard real estate news post. The cap and trade bill is bad for so many reasons… Here are a few of them:

(1) rise in utility/energy prices.
(2) Federalization of housing codes by mandating certain energy efficiency levels in new construction.
(3) Mandates for environmental inspections that would increase transaction costs and insert just another issue to justify further negotiation in price.

The environmental inspection requirement mentioned was deleted by amendment from the original house bill after lobbying by NAR and other organizations. From the article, it looks like it is back on the table which isn’t a good thing – especially for older homes in established communities.

Ryan

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