The Waxman-Markey Cap and Trade Bill (1,500 pages that our Reps DID NOT READ) will cost millions of American jobs, shrink our Economy, and impose huge increases in Gas Prices, Heating, and Electric Bills on U.S. families. Just like the fiasco with Fannie Mae and Freddie Mac, where were our leaders?
Cap & Trade Bill is NOT good for our industry. I am incensed that the National Association of Realtors supported it…this is a BIG mistake for NAR. Cap & Trade is an Energy Tax and it will wreak havoc on the Economy and amplify UNEMPLOYMENT.
This Bill will certainly be a detriment to the Real Estate industry when they will dictate to the Homeowner what needs to be done to their Home prior to selling. Cap & Trade will kill the sale of Existing Homes. Can you imagine a Government Agent coming to your Home Sellers and telling them that they need to put a "Solar Reflective Roof” on their House before it could be sold?
If this Bill passes the Senate all we may have left is “Pocket change”. Cap & Trade Bill is NOT good for our industry. I am exasperated that the NAR supported it…this is a BIG mistake for NAR.
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