05-08-2024, 01:47 PM
As Americans struggle with the rent or to buy a new home. Biden's green policies are adding over $30,000 to the construction costs. High interest rated and green policies are meeting at a time inflation has skyrocketed since Biden took office.
https://www.foxnews.com/opinion/green-housing-mandates-pushing-americans-more-red
Green housing mandates are pushing Americans more into the red
Americans need relief, not regulation, in their struggle to find affordable housing
The Biden administration doesn’t deny this higher upfront cost. It simply claims it’ll pay for itself via lower energy bills. Unfortunately, the breakeven point is 90 years.
Home prices across the nation are back up near a record high. That makes this a particularly bad time for the Biden administration to have rolled out its new "green" energy mandates, which will add $31,000 to the cost of a new home.
The mandates are being pushed through the Department of Housing and Urban Development (HUD) and while they technically won’t apply to all homes, all home builders will effectively be forced to comply with them.
HUD argues that homebuilders will be able to get tax credits, via the Inflation Reduction Act, to offset some of these costs, with those savings hopefully passed along to homebuyers. However, this is not a real reduction in costs; it’s merely passing the buck to taxpayers. Instead of a homebuyer bearing the full freight of these "green" energy mandates, some of the cost will be passed on to taxpayers, including renters.
This is just the latest example of how failed public policies are creating a two-tiered society in this country, where an entire generation of Americans will likely never be able to afford their own homes
https://www.foxnews.com/opinion/green-housing-mandates-pushing-americans-more-red
Green housing mandates are pushing Americans more into the red
Americans need relief, not regulation, in their struggle to find affordable housing
The Biden administration doesn’t deny this higher upfront cost. It simply claims it’ll pay for itself via lower energy bills. Unfortunately, the breakeven point is 90 years.
Home prices across the nation are back up near a record high. That makes this a particularly bad time for the Biden administration to have rolled out its new "green" energy mandates, which will add $31,000 to the cost of a new home.
The mandates are being pushed through the Department of Housing and Urban Development (HUD) and while they technically won’t apply to all homes, all home builders will effectively be forced to comply with them.
HUD argues that homebuilders will be able to get tax credits, via the Inflation Reduction Act, to offset some of these costs, with those savings hopefully passed along to homebuyers. However, this is not a real reduction in costs; it’s merely passing the buck to taxpayers. Instead of a homebuyer bearing the full freight of these "green" energy mandates, some of the cost will be passed on to taxpayers, including renters.
This is just the latest example of how failed public policies are creating a two-tiered society in this country, where an entire generation of Americans will likely never be able to afford their own homes
Free Agency ain't over until it is over.
First 6 years BB - 41 wins and 54 losses with 1-1 playoff record with 2 teams Browns and Pats
First 6 years BB - 41 wins and 54 losses with 1-1 playoff record with 2 teams Browns and Pats