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Will Obama Destroy the Real Estate Business?
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Topic: Will Obama Destroy the Real Estate Business? (Read 1044 times)
fdjake
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Posts: 1880
Re: Will Obama Destroy the Real Estate Business?
«
Reply #15 on:
April 27, 2010, 08:38:12 AM »
Sean....Your CLUELESS.....Sit back and WATCH what happens to CHINA when all the CURTAIN DRESSING comes to an end and ONE BILLION PEOPLE start asking the same QUESTIONS Americnas did about their work places in the 1930's.
Hey SEAN....I've never met anyone that was ATTACKED BY A PIT BULL????
I guess that NEVER happens either....
GOOD LUCK with that theory...
You sound like some (insult deleted) who thinks every OTHER country is BETTER than your own. Unlike YOU, I believe THIS COUNTRY'S best days are AHEAD OF IT!!...I'm not some goof off CONSERVATIVE that thinks our BEST DAYS are behind us and the answer to everything is UNREGULATED BUSINESS.....Gee, how'd that work out for the BANKING INDUSTRY????
If you LOVE China so much.......MOVE THERE........
TODAY!!
And then you can ENJOY all the great BUSINESS FREEDOMS....Hey....They still USE
LEAD PAINT
on Kids toys there!!!! Maybe you could work in the FACTORY that makes it for 10 cents an hour since you don't believe in a
MINIMUM WAGE!!!!
Move to CHINA and make me a new SHIRT!!!
«
Last Edit: April 27, 2010, 12:05:12 PM by propertymanager
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tatertot
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Posts: 1457
Re: Will Obama Destroy the Real Estate Business?
«
Reply #16 on:
April 29, 2010, 06:43:19 PM »
I, for one, am worried that the government will pass a law that every house must pass an energy audit each and every time it is sold.
The reason that worries me, is that the government doesn't have a lick of sense about energy conservation or construction. They might require not only brand new windows all the way around, but a solar hot water system, and maybe a wind generator, or solar electric. They don't seem to care what anything costs as long as it is good for "global warming".
The state government here loved the idea of solar water. They gave huge tax incentives for installing the system. Virtually none of those tax payer paid for systems are still in existence. Anyone with a drop of sense would figure out that it isn't a good idea to have a tank of water on top of your roof in an area where it gets 20 below. Or that there is no way to adequately fasten a solar panel to a roof where the wind screams like a banshee.
So if they require a $5,000 solar water system, it would be: bolt the thing on the roof and pray the house sold before the collector blew into the next county.
Houses are already selling for far below replacement costs. Add a couple of grand in government required improvements and it is very unlikely that the sales price would go up enough to cover it.
The government likes little sound bites that sound good but are bad ideas. How about making it the law that polluting, hazardous waste material florescent bulbs are going to be the only ones available? Already passed into law.
Also, the government likes to set unreasonable standards. They offered to pay 1/2 the cost for me to pipe my irrigation water. The problem was, with their construction standards, my half of the cost was 3 times what it would have cost me to do it on my own.
My soil is sand, but Uncle Sam insisted that if he was going to pay for the pipe, I would have to bed the pipe in sand, and the sand MUST be trucked in. Why would anyone truck in sand to bed a pipe that was placed in a ditch that was dug in sand?
If every house must pass an energy audit when it is sold, there will not be any such thing as being sold "as-is".
I think that older houses will simply be bulldozed because it will cost too much to bring them up to standards That's going to make it awfully tough on the low income renters.
I've got a couple of older mobile homes that rent to lower income people. If I had to do $5K-10K renovations, they would never get sold. The trailers are probably only worth a couple hundred dollars. So they would simply be removed from the rental pool, and those lower income tenants would be homeless.
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sellnbama
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Posts: 620
Re: Will Obama Destroy the Real Estate Business?
«
Reply #17 on:
April 29, 2010, 08:38:02 PM »
I consider myself a "Goof off" conservative
.And since Ford is the only american car company who is thriving because of thier "free market"(AKA keep the govt hands outta our business),,,,,,,hmmmmm I thought you we're enjoying your taste FD????
Just sayin,jus sayin.A regulated market=decent,,,,,a govt takeover=terrible.
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