http://money.cnn.com/2010/03/10/real_estate/green_homes_redlight/index.htm?hpt=T2Here is an interesting article on green residential houses and how appraisers are undervaluing green technology. This results in banks only accepting home loans at a fraction of the construction cost. Thus, without significant money down, people cannot afford the houses. A consequence is that developers are only building with the lowest cost green options. Is this good or bad for the country as a whole?
The last paragraph, especially the last sentence, of the article is the most interesting:
"As more American homeowners green their homes, there will be more and more of a premium paid for green homes," said Ben Kaufman, GreenWork's founder. "I can imagine a miles-per-gallon type sticker on homes for sale and the marketplace will absolutely favor fuel-efficient homes."
The Human Life Project would like to indentify and promote the use of "biomarkers" within communities. Biomarkers would collect data and notify the community of healthy or unhealthy patterns. As a simple example, consider a buoy in the water with a light on top. When the light is green, the water is safe to swim in. When the light is red, the water is not safe to swim in. In the case of green homes, Kaufman's idea of a energy-efficient sticker that comes with the sale of the house offers a biomarker to alert future homeowners.
What biomarkers do people think would make good indicators for the sustainability of the community? For example, categories such as nature might include air quality and renewable energy. Harder to measure categories under social indictors might include family stability, quality of relationships, and effectiveness of community leadership.
Post by the Staff of the Human Life Project