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  • Green building, split-incentives and affordable rental housing policy

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    MacAskill266139Accepted.pdf (1.773Mb)
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    Accepted Manuscript (AM)
    Author(s)
    MacAskill, Stefen
    Stewart, Rodney A
    Roca, Eduardo
    Liu, Benjamin
    Sahin, Oz
    Griffith University Author(s)
    Sahin, Oz
    MacAskill, Stefen A.
    Liu, Benjamin
    Stewart, Rodney A.
    Year published
    2019
    Metadata
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    Abstract
    We investigate the notion of capitalizing on investments in energy, water and gas efficiency within the context of affordable rental housing subsidy schemes; how associated utility savings offer a means to deliver policy designed to mitigate for issues of split-incentives. An Australian case study representing a typical affordable housing development is analyzed for two scenarios - a ‘Business as usual’ and ‘Green-certified’ case. Over a 10-year rental tenancy, operational utility efficiencies, achieved through green building principles are modelled to reduce total housing costs by 1.7–3.8% (AUD $5–18 per week), for one- and ...
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    We investigate the notion of capitalizing on investments in energy, water and gas efficiency within the context of affordable rental housing subsidy schemes; how associated utility savings offer a means to deliver policy designed to mitigate for issues of split-incentives. An Australian case study representing a typical affordable housing development is analyzed for two scenarios - a ‘Business as usual’ and ‘Green-certified’ case. Over a 10-year rental tenancy, operational utility efficiencies, achieved through green building principles are modelled to reduce total housing costs by 1.7–3.8% (AUD $5–18 per week), for one- and four-person households, respectively. Over the building lifecycle, the net present value of improvements are forecasted to be positive, signalling favourable support for policy interventions. The findings provide evidence to support a broader notion of ‘housing assistance’ to one that includes improved standards on residential utility efficiency. We present three policy options on how to deliver these benefits to stakeholders.
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    Journal Title
    Housing Studies
    DOI
    https://doi.org/10.1080/02673037.2019.1677861
    Copyright Statement
    This is an Author's Accepted Manuscript of an article published in Housing Studies, 24 Oct 2019, copyright Taylor & Francis, available online at: https://doi.org/10.1080/02673037.2019.1677861
    Note
    This publication has been entered into Griffith Research Online as an Advanced Online Version.
    Subject
    Urban and regional planning
    Applied economics
    Human geography
    Science & Technology
    Social Sciences
    Life Sciences & Biomedicine
    Environmental Studies
    Regional & Urban Planning
    Publication URI
    http://hdl.handle.net/10072/391286
    Collection
    • Journal articles

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