Monday, July 18, 2011

Green Real Estate ? Did We Miss the Opportunity For Energy ...

D?d ??? know th?t during th? last real estate bubble th?t nearly 20% ?f ?ll th? homes th?t exist today w?r? built. Th?r? w?? probably n? better time ?n American History ?nd probably w?ll n?t b? f?r ?t l???t a decade ?r two, t? take advantage ?f energy efficiency using high-tech building materials. Unfortunately, th?t residential real estate boom ?? over. B?t ??n w? learn anything fr?m ??r mistakes w?th regards t? building more energy efficient homes?

Th? ?n?w?r ?? yes, b?t first w? need t? understand wh?t happened. Y?? see, n?t ?ll homes w?r? built without energy efficient materials ?r designs, b?t m??t w?r?, ?? th?? w?r? catering t? first time home buyers wh? ???ld barely afford th?m. Wh?t ?? a shame ?? th?t th??? inexpensive homes th?t saved ?n materials w?ll ?nd up costing th?m 5-10 times th? savings during construction ?n higher energy costs.

W? h?d a gr??t opportunity during th? last housing boom t? build more energy efficient homes ?nd w? failed, merely b?????? ?t m?ght raise th? cost 0 f?r better doors th?t seal, 00 f?r increased insulation costs, 00 f?r super sealing windows ?nd ,000 f?r better windows.

Th?t ?? a smart thing t? d? ?nd th? ROI (return ?n investment) f?r th? energy savings ?? less th?n 5-years easy.

Much f??t?r th?n solar ?nd such, b?t w? failed ?? builders wanted t? g?t n?w home buyers ?n wh? ???ld barely afford t? b?? ?nd even those l?ttl? increases m?ght cause th?m n?t t? qualify. It?s ?? short sided, b?t th?t ?? h?w things worked. Now th? homes ?r? already built ?? ??m? things ??nn?t b? done ?? cheap ?nd easy, wh?l? others l?k? door ?nd window weather stripping etc. ??n.

President Obama h?? ??t forth ??m? monies ?n th? stimulus package t? h?l? retrofit millions ?f homes w?th better weather stripping, b?t ?t ?? t?? b?d w? didn?t consider ?ll th?? ahead ?f time.

Perhaps next time w? w?ll b? wiser? Th?nk ?n th??.

Source: http://dragtank.com/green-real-estate-did-we-miss-the-opportunity-for-energy-efficient-homes-in-the-last-boom.html

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