If passed, a national health insurance program will negatively impact the already-disastrous real estate market and further implode our economic recovery. Just when there was a hint of a possible bottoming of home prices the administration is trying to force through a $1.5 trillion + health care system which most Americans do not want. They don’t want to insure 10,000,000 illegal aliens, another 10 million 18-25 year olds who do not want health care and another 10 million who choose not to purchase insurance. What they do want are lower health care costs which require major tort reform. With the Bush tax cuts scheduled to expire plus new taxes for all tax payers which will be assessed to pay for the proposed national health care program, average effective tax rates will be 49-51% on incomes over $70,000. Not the so-called rich but all middle class payers will be affected. The discretionary money 2nd home buyers and baby boomers were ear marking for a real estate purchase will instead be sent to Washington to pay for Obama Care. Potential home buyers will dry up because their income is too heavily taxed & they will not qualify for a mortgage. Existing home owners, who are just barely maintaining their mortgages or who perhaps just modified their loans, will be forced into foreclosure, further increasing the slew of abandoned properties in this country. New as well as existing construction jobs will be lost adding to the unprecedented unemployment rate. Local tax rates are bound to be increased to cover losses from a shrinking tax base. Regardless of the politics, Washington has to stop the spending. Who cannot see the disaster looming on the horizon?