sustainable housing and market acceptance

What is it about?

How important is sustainable development and energy efficiency in the decision to purchase a house. Although there has been increasing awareness of these issues in the media and by government, it is still uncertain how responsive the general public has been in accepting and implementing sustainable green and energy efficiency measures in residential houses. The paper survey real estate agents in the Brisbane , Australia to determine the level of acceptance of a Government green house initiative

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Why is it important?

This paper examines the attitudes of house buyers and sellers in respect to their awareness and perceived level of importance of green and energy efficient factors when selling or buying a residential property. Even when it is mandatory to disclose of consider such issues the residential property participants are still unaware or the importance of these and still rate price as the major concern when buying property