A ‘Green Standard’ Of Sustainability For New Homes
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A ‘Green Standard’ Of Sustainability For New Homes

The building industry will need to meet tougher criteria for ‘Green Star’.

By Terry Christodoulou
Tue, Aug 31, 2021 2:36pmGrey Clock < 1 min

In hopes of cutting household energy costs, the Green Building Council of Australia (GBCA) has launched a sustainability rating for the volume home building industry.

Under the Green Star Homes Standard new homes will need to meet health standards for ventilation, insulation, minimal toxins in carpest or paint.

Further, a number of resilience standards including water efficiency, climate change readiness, alongside homes needing to meet climate positive measures, such as being fully electric, draught sealed, energy-efficient and powered by renewables.

“The residential sector accounts for 57 per cent of Australia’s building emissions. We spend 90 per cent of our time indoors with two-thirds of this being at home,” said GBCA’s chief executive Davina Rooney.

The new rating tool could see Green Star certified homes reduce energy costs by more than 75% – through solar panels, insulation, airconditioning LED lights, and electric appliances according to the GBCA.



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Owning a Home in an LGBTQ-Friendly Area Comes With a Hefty Price Premium
By LIZ LUCKING
Thu, May 30, 2024 2 min

The cost of owning a home in an LGBTQ-friendly area in the U.S. comes with a hefty price premium of almost 50%, according to a report Wednesday from Redfin.

In a metropolitan area with state laws protecting LGBTQ people from housing discrimination, a home buyer needs to earn an annual income of $150,364 to afford a median priced home. That’s 46.8% more than the $102,435 buyers need to earn to afford a home in places without such protections, the online property portal said.

For the purposes of their report, a metro is considered to have protections if the state it’s located in prohibits housing discrimination based on sexual orientation and/or gender identity, Redfin explained. In the case of metro areas which span multiple states, Redfin considered the metro to have protections if at least one of the states it’s located in prohibits such discrimination.

“LGBTQ+ Americans face disproportionately large barriers to homeownership,” said Redfin senior economist Elijah de la Campa in the report. “On top of paying a premium to live somewhere that feels safe, many LGBTQ+ house hunters are earning less than the typical U.S. worker, and face discrimination while shopping for homes despite laws that prohibit it.”

The locales where individuals identifying as LGBTQ make up the largest share of the adult population are also those where housing is the least affordable, the report found.

In San Francisco, where 6.7% of the adult population identifies as LGBTQ—the highest share of any of the 54 metropolitan areas Redfin analyzed—only 5.1% of listings last year were affordable based on the median local income, one of the lowest shares in the country.

In Portland, Oregon, which had the second highest share of LGBTQ adults at 6%, only 6.7% of homes for sale were affordable; in Austin, Texas, where 5.9% of the adult population identifies as LGBTQ, 2.9% of listings were affordable.

And in Seattle and Los Angeles, where LGBTQ adults make up 5.2% and 5.1% of the population, 4.8% and 1.9% of homes for sale were affordable, respectively.

All but one of those top LGBTQ metros—Austin—has state-level protections, the report said.

MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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