Regulation of the Day 55: Home Environmental Inspections

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.