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Green shoots: With improving regulation, a lead from its commercial cousin, and growing consumer demand, UK residential real estate is set to take its next big leap into a sustainable future
- April 1, 2023: Vol. 17, Number 4

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Green shoots: With improving regulation, a lead from its commercial cousin, and growing consumer demand, UK residential real estate is set to take its next big leap into a sustainable future

by John Alker

In the United Kingdom, the perma-crisis of recent years- COVID-19, climate change and the cost­ of-living -  has thrust homes, and how they are used, into the spotlight. People have become much more aware of the cost of energy and its environ­mental impact: the importance of fresh air, the adapt­ ability of our homes and our proximity to nature.

In theory, this should be a slam dunk for invest­ment into greener, energy-efficient and resilient housing. In reality, the picture is more complex.

Firstly, until very recently, UK government policy has not provided a sufficient driver for investment. Building regulations, for example, have remained unchanged with regard to energy and carbon for the best part of a decade.

Alongside this, there is a desperate mismatch in supply and demand -  hindered by a planning sys­tem in permanent turmoil - and the result is little incentive for most of the housebuilding industry to provide anything beyond minimum standards wh

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