2
Sep
Green housing could create a "threat" for developers
The extra cost of producing homes to meet new government
environmental standards could create a "threat" to property
developers rather than buyers, according to one housing
expert.
Steve Turner, head of communications at trade association the Home
Builders Federation, said that it is unreasonable to expect buyers
to pay the extra cost and therefore the reduced profits for
developers could threaten the viability of the projects going
ahead.
His comments follow an announcement from energy and climate change
secretary Ed Miliband, which included details of 10:10, a new
campaign aimed at cutting carbon emissions by ten per cent in
2010.
"It is more of a threat to development viability as opposed to a
threat to the end user, because you cannot just pass all the costs
onto the end user," he said.
The news comes after Communities and Local Government released
details of its Code for Sustainable Homes last year.
