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Kenmore, WA Posts: 15412
Joined: Dec, 2003
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Louisville, KY Posts: 1242
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Could This Be A Shot In The Arm For Our Business?
[#2] Posted: 02/04/2010 - 09:49:09 AM |  | |
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Hmmm.....interesting plan.
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ABI Home Services Louisville KY Home Inspector
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Allen, Texas Posts: 540
Joined: Dec, 2006
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Could This Be A Shot In The Arm For Our Business?
[#3] Posted: 02/04/2010 - 10:24:14 AM |  | |
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Just what we need, another government program designed to bail out the country from past government program failures. IMHO, If the government would not have disconnected the risk from reward in the first place there would not have been the artificial increase in prices and thus no real estate bubble to burst. Insuring against loss of value is again trying to prop up values.
REPEAT after me, risk is good, risk is good. It keeps us from doing stupid things while chasing after the reward. If we have nothing to lose why not buy that McMansion on the hill even though we don't need it and really can't afford it? Give me a break!
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Jim Luttrall Mr. Inspector.net, Inc. www.mrinspector.net |
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Chicago, IL Posts: 9551
Joined: Dec, 2003
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Could This Be A Shot In The Arm For Our Business?
[#4] Posted: 02/04/2010 - 10:36:52 AM |  | |
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Danger......EPPD.............Entering Potential Political Discussion.......Danger
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Kurt in Chicago
"If I smell it, it goes in the report".............Phillip Smith...2012
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Lafayette, Louisiana Posts: 3914
Joined: Nov, 2009
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Could This Be A Shot In The Arm For Our Business?
[#5] Posted: 02/04/2010 - 10:40:31 AM |  | |
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Got enough govt programs as it is for us to pay for. Don't need any more.
John F Kennedy had a saying: Ask what you can do for your country, not what your country can do for you.
Marc
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"If Guam gets too overpopulated, it might tip over." Congressman Hank Johnson (D) GA |
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Kenmore, WA Posts: 15412
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Could This Be A Shot In The Arm For Our Business?
[#6] Posted: 02/04/2010 - 11:08:51 AM |  | |
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Jeez,
Just trying to let folks know about someone's ideas and now we've got soap boxes and protesters on the corner. Can we keep it to a discussion about what, if any, advantage this might have for our profession and steer it away from the political speech? I don't want to have to delete folks' comments or lock the thread.
ONE TEAM - ONE FIGHT!!!
Mike
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Needham, Massachusetts Posts: 1845
Joined: Sep, 2003
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Could This Be A Shot In The Arm For Our Business?
[#7] Posted: 02/04/2010 - 11:25:36 AM |  | |
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Mike,
I think the answer is: 'Yes, a program like the Bluestone proposes would be good for the home inspection business.'
But a program like that would be pretty near impossible to get approved and implemented because, well, it's pretty far out there.
I think it would be a pretty hard thing to justify to the average voter, especially this average voter.
Jimmy
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Tahlequah, Oklahoma Posts: 176
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Could This Be A Shot In The Arm For Our Business?
[#8] Posted: 02/04/2010 - 12:20:04 PM |  | |
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I have no faith in it working. Seeing the governments track record and all. I'll stop there
Matt
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Collins, NY Posts: 3167
Joined: Apr, 2008
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Could This Be A Shot In The Arm For Our Business?
[#9] Posted: 02/04/2010 - 12:22:39 PM |  | |
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Well Jimmy, we'll never get the chance to vote on it precisely because it's that far out there. I mean, we're simply not talking about enough money to attach earmarks to, and there isn't anything in it for politicians or special interest groups with out them.
I gotta say it makes more sense than TARP, Cash for Clunkers, or the silly Cash for Caulkers programs. Lots more bang for our buck.
Tom
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Tom
http://clearcreekhomeinspection.com/
Life is tough enough as it is, it's tougher when your stupid. Don't do stupid things. Dr Joe Lstiburek |
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Bartlett, IL Posts: 115
Joined: Jul, 2006
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Could This Be A Shot In The Arm For Our Business?
[#10] Posted: 02/05/2010 - 05:08:23 AM |  | |
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It's an interesting idea, but in my opinion, I don't think there's a lot of fence sitters because they're worried about declining home prices. Home prices have already been drastically reduced. I think there's a lot of fence sitters because of employment or I should say unemployment. There's so much uncertianty. Stabilize the job market and people will be buying again. But to answer the original question, yes, I think this could definitely help the inspection industry.
Tony
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Rochester, New York Posts: 4130
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Could This Be A Shot In The Arm For Our Business?
[#11] Posted: 02/05/2010 - 05:21:17 AM |  | |
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What else can you buy, use it everyday, alter it, customize it, amortize it, deduct it and depreciate it and then sell it for a profit. I've never quite understood the concept and I've never felt entitled to a profit. I'm always grateful if there is a profit but I buy a house to live in it, not to make money on it; to do otherwise must take the joy out of creating a home.
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Chad Fabry StructureSmart Home Inspection Rochester, NY www.structuresmart.com
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Chicago, IL Posts: 9551
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Could This Be A Shot In The Arm For Our Business?
[#12] Posted: 02/05/2010 - 05:48:01 AM |  | |
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In areas with jobs, people buy houses.
In areas without jobs, not so much.
Government intervening creating "artificial" jobs creates artificial housing prices. When the artificial job disappears, as they do, so does the home price.
It might give small regional markets a boost. Or not.
This is not an argument for or against.
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Kurt in Chicago
"If I smell it, it goes in the report".............Phillip Smith...2012
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Denver, CO Posts: 309
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Louisville, KY Posts: 1242
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Gaston, Oregon Posts: 8139
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Elizabethtown, PA Posts: 621
Joined: May, 2007
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Could This Be A Shot In The Arm For Our Business?
[#16] Posted: 02/12/2010 - 8:30:02 PM |  | |
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"and a home inspection by a licensed inspector." Not all states license home inspectors.. such as the Commonwealth of PA.
Just what we need...another gov't program run with our tax dollars and more debt.
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Matthew Steger WIN
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