http://blogs.wsj.com/developments/2010/10/01/batttle-over-home-resale-fees-heads-to-congress/
This little puppy they are arguing over was a little surprise slipped into the heath care bill, it's a 3.8% sales tax with 1% of that going to the original developer every time the house is sold. What this actually had to do with health care is anybodies guess but then that's how congress works. Utterly amazing isn't it?
http://www.canadafreepress.com/index.php/article/27634
Opponents of a newly-designed fee attached to the sale of homes have succeeded in getting the ear of Congress.
The fees work like this: A builder builds a new home and sells it, then every time the house is subsequently sold, 1% of the sale price bounces back to the developer in the form of a fee paid by the seller. Freehold has said that it intends to securitize the income stream from these fees in order to generate investment capital for new home-building efforts.
