Historically, it has not been a lack of desire, but rather a lack of availability and a lack of ROI that has made going green more difficult than the alternative. Today, we’re at a juncture where investing in a green home actually saves you a lot of money. Developers can no longer afford to make the erroneous assumption that foregoing greenness saves funds. And you can no longer afford to invest in property that isn’t green.
It’s no wonder that green building is on the rise as far as global trends go. According to the 2016 World Green Building Trends survey, client demand for green homes increased steadily between 2008 and 2012, from 35% in 2012 to 40% in 2015, and is now one of the top motivators for green building. In 2015, the Canadian Urban Institute recognized Louie Santaguida’s Stanton Renaissance for its green high-rise On The Go Mimico project, naming it a finalist in brownfield mixed-use redevelopment.
Is your money invested in industries with sustainable practices? Are your investments influenced by environmental friendliness?
If you need them, here are 3 great reasons to invest in a green condo:
- What the world needs now…is more green homes. According to ecological footprint experts, humanity uses about 1.6 earths every year, even though we’ve only got one. The roots of this problem reside mostly in North America. With environmental consequences becoming more and more blatant around the world, businesses are becoming more aware of their impacts on the environment, and people are slowly realizing the importance of sustainable investments. We have to step it up.
- They’re more accessible than ever before. The construction sector was among the first to be proactive with regards to our increasing environmental dilemma, introducing the very concept of green architecture. Today, the construction sector remains at the forefront of this ever-evolving world of green building. Condo projects and buildings in important cities are now being more supportive of, and even advertising, this idea of green living. This is how accessibility happens.
- The future is now. Green buildings are inherently ahead of the curve, and you should be there right along with them. Energy efficiency, water conservation, and air quality measures are slowly but surely being mandated and standardized. The undesirable alternative to getting in on this now is to wait for the inevitable regulations and spend a lot of time and money playing catch-up.
So now that you’re on board, go green and go find your home!