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Originally Posted by dl95409
OK - it might save some energy - but where do you see it enhancing the value of your house if every other house on the market has the same upgrades as mandated? I would think that it would only enhance your value if yours was the only one offering the benefit.
Plus, we're in the worst global recession in decades....and the government thinks it makes sense to add on more costs, more administration, more rules, and - yes - more taxes? Who thinks up this crap?
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There is no mandate! There is nothing in the bill that will force anybody to make any sort of upgrades. If you want to make them then the government will contribute part of the cost. It will also provide for a bit of a long term stimulus in that it will provide jobs for window and insulation companies. I'm hoping that the incentive expires after a year or two - the smart people will jump on the bandwagon and get upgraded without having to pay for the whole thing. The slower folks will then have to pay for their own upgrades in order to keep their houses competitive in the market.
Steve