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The environmentally friendly trends are marketed with a different color association, using the color blue for clean air and clean water, as opposed to green in western cultures. Japanese- and Korean-built hybrid vehicles use the color blue instead of green all throughout the vehicle, and use the word "blue" indiscriminately.
Green development is a real estate development concept that considers social and environmental impacts of development. It is defined by three sub-categories: environmental responsiveness, resource efficiency, and community and cultural sensitivity.
The most criticized issue about constructing environmentally friendly buildings is the price. Photovoltaics , new appliances, and modern technologies tend to cost more money. Most green buildings cost a premium of <2%, but yield 10 times as much over the entire life of the building. [ 65 ]
Environmental gentrification is the process by which efforts to improve urban environments, such as enhancing green spaces or reducing pollution, increase property values and living costs, often displacing lower-income residents and attracting wealthier populations. [8]
Real estate developers have begun to use LEED certification and a building's green status as selling points. LEED has been developed and continuously modified by workers in the green building industry, especially in the ten largest metro areas in the U.S.; however, LEED certified buildings have been slower to penetrate small and middle markets.
Real estate contingencies provide a way for one or both parties to back out of a real estate contract if certain specified conditions are not met — in other words, the sale is contingent upon ...
A green home is a type of house designed to be environmentally sustainable. Green homes focus on the efficient use of " energy , water , and building materials ". [ 1 ] A green home may use sustainably sourced, environmentally friendly, and/or recycled building materials.
Ecohouse near Faaker See, Austria. An Eco-house (or Eco-home) is an environmentally low-impact home designed and built using materials and technology that reduces its carbon footprint and lowers its energy needs.