› Flat Chat Strata Forum › From the Front Page › Time to get serious about zero emissions › Current Page
Regardless of your own personal beliefs, the reality is the property market, big and small business has all moved on. They have all got behind doing the right thing by the environment.
According to realestate.com.au’s Residential Consumer Omnibus Survey June-July 2022, more than 55% of respondents believe energy efficiency is extremely important in their home – a 17% increase on the prior year.
The apartments and townhouses being delivered today, that on resale will compete with existing high energy consuming buildings, will not be connected to gas to reduce emissions and will instead use green electricity, have their own solar panels, heat pumps and come with electric vehicle charger infrastructure.
And I can buy a 2 bedroom apartment like this for for under $700,000 or I can buy another older apartment and have a special levy anywhere from $10,000 to $60,000 to retrofit and the Vendor accepts a lower price for their property.
The market will ultimately drive the outcome and speed at which it will occur.
Just like in the car industry. The manufactures have determined when they will stop producing ICE cars not government. At least six major automakers have committed to phasing out ICE cars by 2040 including Ford, Mercedes-Benz, General Motors and Volvo.