Supply, Demand and the Value of Green Buildings
The climate is changing at an alarming rate. Carbon emission levels in developed world are soaring. The worrying developments call for immediate actions to reverse the trend. As one of the major contributors to global warming, real estate developers should not lag behind—they should participate in sourcing for a solution to ensure environmental sustainability and efficient utilization of resources.
In ‘Supply, Demand and the Value of Green Buildings’ journal by Andrea et al. (2012), development of sustainable and energy efficient real estates is explored in detail. The researchers weigh the importance of environmental-friendly buildings in London UK London ’s real estate performance in relation to other global players including the United States
The paper’s relevance is seen in the need to explore the current trends in real estate industry. It is notable that the future of buildings development in an urban setting lies on proper utilization of available space, energy and financial resources. Currently, non-green buildings are being phased out at an escalating rate. Thus, future real estate experts ought to have hands-on knowledge on how to adapt to a changing business environment. An analysis of this paper is one of initial steps in consideration and acceptance of new real estate realities.
In addition, the semester’s focus is on real estate analysis and management. Thus, an in-depth analysis of the paper will raise my level of interest in semester’s studies due to its’ extensive coverage on a relevant field. In fact, the researchers admit that the paper is inconclusive given the unexplored nature of sustainable buildings. Therefore, it forms a basis for further research in this area.
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