Here are some thoughts that Paul De Berardis would like you to consider when it comes to the residential building sector.
There are always two sides to every story, but the general consensus is that individuals working within the residential new home industry feel they are doing their part to address climate change, whereas external organizations always feel more can and should be done.
While there is merit to both sides of the argument, this must also be viewed from the lens that homes are ultimately sold to consumers, who are typically constrained by financial budgets, especially considering the rising trend in mortgage interest rates, so more may not always be better for everyone. There also needs to be consideration for constructability and embodied carbon, as homes become more complex to construct through increasing regulatory requirements, and they take more time and resources to build. Government policies are pushing home builders to ramp up operations and build more homes than ever to address housing affordability, yet there is a declining workforce of skilled trades, and building regulations are only getting more onerous, counterintuitive to say the least.
Please join us for our virtual seminar, “The Low Carbon Builder Coalition” being held on March 22nd 2023 from 10:30 am – 12:00 pm for more information on this.