This is an article by accounting firm EY about the transition to, "sustainable," buildings. In here you will see the mechanism by which green requirements will create, "stranded assets," of existing structures. You will not be able to finance a stranded asset home or building. By not being able to finance the purchase of existing structures all asset prices decline precipitously for billionaires, but you will not have access to this discount for lack of cash.
This is a way that the middle class net worth can be crushed without tanking the value of industrial and financial assets. This is a way to remove the single-family detatched housing option from the market. Ordinary people will not have the capital to build or buy a green-compliant home, but you will be able to afford rent in the pod-tower.
You will own nothing.
[Archive PDF Download of, "The future of commercial real estate is written in green: Debt financing the transition"](https://web.archive.org/web/20220610114526/https://assets.ey.com/content/dam/ey-sites/ey-com/en_ie/topics/strategy-transaction/ey-why-the-future-of-real-estate-is-written-in-green.pdf?download)
This is an article by accounting firm EY about the transition to, "sustainable," buildings. In here you will see the mechanism by which green requirements will create, "stranded assets," of existing structures. You will not be able to finance a stranded asset home or building. By not being able to finance the purchase of existing structures all asset prices decline precipitously for billionaires, but you will not have access to this discount for lack of cash.
This is a way that the middle class net worth can be crushed without tanking the value of industrial and financial assets. This is a way to remove the single-family detatched housing option from the market. Ordinary people will not have the capital to build or buy a green-compliant home, but you will be able to afford rent in the pod-tower.
You will own nothing.
(post is archived)