SSRN Electronic Journal,
Год журнала:
2023,
Номер
unknown
Опубликована: Янв. 1, 2023
Increased
energy
efficiency
in
buildings
is
essential
to
reducing
carbon
emissions
and
addressing
climate
change.
How
do
the
more
efficient
building
codes
that
are
needed
affect
housing
prices
production?
To
reduce
by
50%
2030
achieve
net-zero
2050,
Massachusetts
enacted
Green
Communities
Act
of
2008,
which
requires
adoption
a
Stretch
Energy
Code
appendix
order
be
designated
"Green
Community"
eligible
for
certain
state
funding.
This
base
code
adds
energy-efficiency
mandates,
including
requirement
all
new
residential
construction
meet
increasingly
ambitious
Home
Rating
System
(HERS)
Index
scores.
In
addition
their
obvious
environmental
benefits,
stringent
requirements
may
lead
increased
costs
have
effects
production
affordability.
Using
staggered
municipal
tease
out
causal
relationships,
we
analyze
on
quantity
price
across
municipalities
Massachusetts.
The
results
indicate
energy-efficient
properties
command
sales
premium
3.1%
3.4%,
associated
with
decrease
starts
(especially
single-family
homes).
Roughly
60%
total
increase
appears
attributable
higher
willingness
pay
homes,
remaining
percentage
explained
coupled
supply.
Smart and Sustainable Built Environment,
Год журнала:
2025,
Номер
unknown
Опубликована: Май 14, 2025
Purpose
Climate
change
has
become
a
critical
challenge,
drawing
attention
to
the
need
for
sustainable
practices
in
built
environment.
Despite
recognised
environmental
benefits
of
green
buildings
(GBs),
research
on
economic
value
GBs,
especially
housing
sector,
remains
limited,
with
mixed
results
documented.
To
better
comprehend
residential
buildings,
this
study
aims
examine
consistent
effects
GB
certifications
(GBCs)
markets
and
identify
factors
contributing
documented
results.
Design/methodology/approach
This
applies
meta-regression
analysis
supplemented
by
Scientific
Procedures
Rationales
Systematic
Literature
Reviews
(SPAR-4-SLR)
protocol
synthesise
findings
from
past
literature
testifying
existence
(GH)
identifying
drivers
varied
effects.
Findings
The
evidence
exhibits
premiums
markets.
In
addition,
four
principal
influential
governing
GH
are
identified,
including
certification
characteristics,
data
attributes,
model
specifications
external
considerations.
implications
these
their
practical
applications
also
discussed.
Originality/value
As
first
price
reasons
heterogeneous
related
markets,
extends
body
knowledge
domain.
enhance
understanding
provide
policymakers
some
guidance
aligning
