Also in this playlist...
This transcript is automatically generated
Renovating your home might get harder and more expensive starting at just over two weeks.
On April 22 new Environmental Protection Agency regulations.
-- impact renovations -- payers.
And paying these go into effect regarding the renovation of homes and buildings built before 1978.
Under the new law companies must have at least one train and certified to work our on site her job.
The company failed to do so it's subject to a 37500.
Dollar fine per incident joining us to discuss the new law and how low impact is business you know -- President eight BE doors and windows -- -- -- to be here.
How much will this new regulation.
Drive up your cost and ultimately caused.
Okay plus -- we are estimating.
They're probably be -- roughly.
-- a moment of about a 120 dollars on a small job and anywhere from about ten to 20% on the -- -- the job many significant size.
So could it be anywhere from hundreds of dollars to thousands of dollars literally.
And Jim it's brought on trying to understand this law -- -- to get it could impact me actually.
My home was built pre 1978.
And I had a kid.
That is you know six years old so if you'd civil does not -- he sang out -- -- change something in my house.
I've got to hire company with a certified -- is -- different makes it is no lead paint drip.
That that's that's correct but it what it comes down to -- if there are.
Any pregnant women living in the home or children under the age of six you must use what -- call lead safe work practices.
And lead safe work practices and -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Failing that young children -- -- our viewers know are the ones you can least afford extra cost you know having the right because they've got a kid there.
White made maybe you know it isn't working as much she was the husband isn't whatever it is.
So we'll have followed this work I gotta put tape around my house and Colmes like at -- -- bio that -- half.
Well in essence we do it by the in all honesty.
It is good from the standpoint of young children don't want to seem heart to see harm come to -- We want to do the right thing young children under the age of six are most susceptible to the -- the lead based paint.
So the but the real crux of -- comes into.
-- -- don't have children under the age of six.
There's -- currently a provision that you can opt out of it.
If you have a home those built before 1978 as lead based paint and you don't have children under the age of six or pregnant women there you have the opportunity to opt out.
But there is the threat of EPA removing that opt out provision and that's where the big concerns to us we do want to do the right thing and protect children.
And then quickly another concern is the timing of all of this you have a housing market and economy that is not well back on its -- yet.
And then you throw long these what could be costly regulations.
That is correct and that's one of the things right now the construction industry is reeling from -- from the -- catastrophic.
Influences the last two years.
When the economy wanted to recession.
Currently my own company.
Of what we we had to let 33% of our employees go because of this.
In addition President Obama is trying to stimulate the economy with the new homes.
And this is just going through put a negative affect on it.
Jim thank you again -- president of AB doors and -- does take care.
He's exactly right -- if guide if I'd thought about doing something before and not do it now because I'm not gonna yellow tape around my house budget -- outside.
You know I mean what the governor's go with a still fast food restaurant or or to the bar they don't over consume.
What you glad you only get greasy -- --
Filter by section