How Will This New Government Program Affect the Real Estate Industry?

Just when I think the government has reached the highs of intrusion into our lives... I'm proved wrong.

On Monday, February 4, HUD announced what they're calling a "Bold new vision." It's called Advancing Healthy Housing - A Strategy for Action.

To quote HUS Secretary Shaun Donovan, “Today’s announcement will help the federal government unify action to controlling and preventing major housing-related exposures and hazards.”

What will be the consequences, intended or otherwise?

While I'm wondering how this will affect everyone involved with the housing industry, I'm envisioning another boated government agency - hiring thousands of well-paid workers to oversee the program and take action on the five goals:

1. "Establish healthy homes recommendations
2. Encourage adoption of healthy homes recommendations
3. Create and support training and workforce development to address health hazards in housing
4. Educate the public about healthy homes
5. Support research that informs and advances healthy housing in a cost-effective manner"

How far will they take this?

Will they tear down the public housing that's been destroyed by uncaring tenants? Will they drag the street people into shelter whether they like it or not. Will they insist that old rental housing be torn down?

I can think of several old rentals in our community with wavy floors, single pane windows, mice in the walls, etc.

Will there be new, tougher inspection standards for people who "fix and flip?"

Will they insist that people move out of those old mobile homes with aluminum wiring? If so - where will they go? Will "We the people" buy them a new one or build them a new one?

One thing is certain - this will cost money.

Looks to me like another case of government overstepping its authority. And WHY are they coming up with a new way to spend millions when they NEED to cut spending?

Is this something that went through Congress while we weren't looking, or is it something they simply decided to do without approval from Congress?

Read the whole announcement, and share your thoughts...

marte@copybymarte.com

Priest River, Idaho
208-448-1479

 

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