Wednesday, November 02, 2005

Government Mandates and Economic Laws

In an exchange of office emails relating to proposed, mandated energy efficiency standards for housing, I received a copy of the following:
What is the likelihood that an "energy efficiency ordinance" would be developed and implemented??? Of course I can already hear the whining about what it would cost to implement in new construction, etc, etc..... Heaven forbid one 1/2 cent of profit (actual or anticipated) be lost...............
If such standards are mandated, I would not assume profits will be lost. New opportunities for profits may well arise, but costs will go up. As costs rise, people at the bottom margin will no longer be able to afford homes. Ardent supporters of mandates would rather talk about the spurious issue of profits than the real issue of how many people are being excluded from the market.

To reply, email texthepontificator at yahoo dot com.



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