Lou Ludwig Success Tips: Wake Up People, Stop Cap And Trade Or It Will Stop Us

Wake Up People, Stop Cap And Trade Or It Will Stop Us

Every real estate professional really needs to take the time to read the bill. If the bill is passed the real estate and new home business as we know it will no longer exist.

This is not a Democrat or Republican issues it's an America issue. It's not an energy issue it's a tax issue, as the Wall Street Journey said it's the largest tax bill ever proposed in the Country.

Lou Ludwig

Regardless of where you stand on energy use, climate change, alternative energy, or similar matters, the cap and trade bill that squeaked by in the House is set to ruin our livelihoods if it passes the Senate. It must be stopped.

There are provisions in this behemoth bill (over 1,300 pages, looking more like an almanac than a piece of sensible legislation) that apply to Freddie and Fannie and create green banking centers that undoubtedly will impact our businesses.

But here's three to chew on:

(1) federalization of the residential building codes, based on conformance to those currently in place in California - regardless of regional differences, consumer preferences, and States' rights;

(2) all new buildings must have electrical capabilities to allow for electric cars to to be recharged;

(3) before any home in America can be sold or resold, a federal inspection must be conducted on the energy efficiency of that home (including doors, windows, etc.) and a federal rating assigned to it - not sure who pays for this, but presumably it's the seller.

There are so many more onerous provisions to this bill. It must be stopped. It only passed the House 219-212, with 8 Republicans voting for it (the difference in passage right there). It faces opposition in the Senate, but that's not good enough. We must all voice our disapproval - if just for the 3 reasons I mentioned above.

The real estate business as we know it is at risk.

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For more information on my coaching and educational programs and services, visit my website stevehoffacker.com or go to my other blog homesalesinsights.com for additional sales tips, insights, and commentary. You can also listen to my free podcast messages at Steve Hoffacker's Happenings.

© Steve Hoffacker, 2009. All Rights Reserved.

Comment balloon 10 commentsLou Ludwig • June 29 2009 08:31PM

Comments

Lou, from the little I have read about this bill it is another unnecessary tax we don't need.

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) over 10 years ago

Gary

Your correct, but the issue is it will shut the real estate industry down.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 10 years ago

Lou,

Thank you for helping to pass along this message. People are going along with it because it is labeled "environmental." This is just window dressing. It obliterates States' rights, creates a national building code, and impacts our ability to make a living in real estate - just for openers. :)

Steve

Posted by Steve Hoffacker, Certified Aging In Place Specialist-Instructor (Steve Hoffacker LLC) over 10 years ago

Lou, It seems we are in a race to see how fast we can screw up what it took over 200 years to build. My unborn grandchildren are already being placed in debt...

Posted by Paul S. Henderson, REALTOR®, CRS, Tacoma Washington Agent/Broker & Market Authority! (RE/MAX Northwest.) over 10 years ago

Hi Steve

Cap and Trade is not an environment bill, it a tax bill, that will restrict the housing market.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 10 years ago

Hi Paul

The time has come for Americans to stand up and say NO.

Thanks for your comments.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 10 years ago

Lou,

The comments you have received are expressing the real message. It is a tax and it will seriously harm our industry. :)

STeve

Posted by Steve Hoffacker, Certified Aging In Place Specialist-Instructor (Steve Hoffacker LLC) over 10 years ago

Hi Steve

Real estate professionals need their voice hear to fight this bill.

Thanks for the update.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 10 years ago

I think that during this type of recession it is a very bad idea to raise taxes on anybody.  Unfortunately, it appears that Obama is using this recession as an excuse to pass legislation rather than trying to actually solve the recession.

Posted by Mark MacKenzie over 10 years ago

Hi Mark

I agree with you it appears that the number one concern in Washington is special interests.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 10 years ago

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