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NAHB/McGraw Hill Study Points to Green Building Growth in
Otherwise Slowing Market
Along with its survey results, the NAHB provided this
snapshot of the building sector's impact on resources. Buildings in the US are
responsible for:
40% of total energy use
71% of electricity consumption
38% of CO2 emissions
36% of all greenhouse gas emissions
30% of raw material consumption
30% of waste output
12% of potable water consumption
Source: US Energy Information Administration, 2005
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Based on a survey of 147 people who purchased green homes between 2004 and 2006,
the study found that green home buyers are predominantly female (71%) or
married (65%), college-educated (79%) and live in the south or west
(74%). The average age is 45 and nearly two thirds have an income of more
than $50,000.
Respondents looked for a variety of green features in their homes, including
energy conservation (such as solar energy and fluorescent lighting), renewable
or recycled materials, anything that reduces global warming, and lower
operational costs.
Cost savings was in fact cited as the primary incentive for purchasing a green
home, followed by concern for the environment, concern for their health and
that of their families, and the potential for greater resale value. Other
motivators include superior performance, preferred mortgage rates and utility
or government incentives.
Among the obstacles, lack of buyer awareness and education is viewed as the most
significant hurdle, followed by high cost, lack of availability and the
perception among some that green building is a fad.
For more information, visit the McGraw Hill Construction
web site
or email
construction_intelligence@mcgraw-hill.com.
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