In today’s Politico, I take a look at one of the 397 new regulations in the House version of cap and trade legislation. If the bill passes, almost all homes for sale would be required to undergo an environmental inspection. The home cannot be sold until it is up to code.
One unintended consequence could be the end of fixer-upper homes.
Another would be lower home ownership rates. Which, of course, directly contradicts of decades of federal policy.
UPDATE: A coworker informs me that Fox News is linking to the article in the opinion section of their website.
Inertia Wins! 