Expense is #1 reason people will not buy or convert to green homes
posted by Danny DeMichele 1 year ago
As I suspected for a while, this is going to be a problem getting people to go green. According to the article below, 36% wont go green because of the high cost associated with it. I believe the government needs to help out! Front the costs and make homeowners pay them back as they are saving money! What do you think?
Article:
"The cost of environmentally friendly home
makeovers was the top concern of 2,300 homeowners polled with intercept
surveys by Better Homes and Gardens Real Estate, with 36% citing
expense as the main deterrent.
Homeowners also cited concerns
about potential inconvenience (22%) and lack of time (17%); these
result echoes previous polls which found consumers consider "green"
practices, at both the personal and national levels, as economic
tradeoffs that costs them more. On the other hand, 18% said they were
prevented from going green by lack of knowledge, indicating there's
still an audience for information on eco-friendly practices." Read Rest of Article

Comments
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Obama Plan
Obama is considering adding into his plan a tax incentive to better insulate your home. The thought is that the value of the home will go up as the costs of ownership go down and the environment will benefit in the long run which helps to pay for the stimulous.