My big hangup on the home buyers' tax break is it's a regressive tax break: it's a tax break for people who can afford to buy homes, but not those who can only afford to rent.
I feel this requires us to dump the attitude that twin/row houses are "just for rental investments".
It would also help if they were better built. New twin/row houses abound around here, but I hope you like being separated from your neighbor by two sheets of drywall. Let's see a return to twin/row houses with masonry separating walls. Joel's first book even mentioned separating houses with bricked-in airspace.
--- In firstname.lastname@example.org, Richard Risemberg <rickrise@...> wrote:
> Excellent article forwarded to me by my son Jack. Some quotes:
> > According to the Residential Energy Consumption Survey, per person
> > energy use in owner-occupied housing is 39 percent higher than in
> > rental units. Energy use, per household member, is 49 percent
> > higher in single-family detached houses than in apartments in
> > buildings with more than five units. These differences reflect the
> > strong connection between home size and energy use. The average
> > four-bedroom house consumes 72 percent more electricity than the
> > average two-bedroom house.
> > Yet the tax code encourages Americans to live in big, energy-
> > guzzling homes, instead of thrifty apartments
> > On average, as density doubles, household gasoline consumption
> > falls by about 110 gallons per year. When a household moves from
> > living 2 miles away from a city center to 10 miles away, gasoline
> > consumption increases by more than 100 gallons annually. Smart
> > environmentalism should push against tax policies that encourage
> > more suburban sprawl.
> The link:
> Richard Risemberg