commercial loan news

July 18, 2008

The Silver Lining Is Really Green

SOURCE: The Earth Times

The National Multi Housing Council (NMHC)/National Apartment Association (NAA) feel there is a silver lining to the housing difficulties that are being seen nationwide. This comes in the form of a positive change in our energy consumption with more families enjoying apartment living.

In a statement regarding the housing stimulus bill that has just passed the Senate, a noteworthy comment was made. Not only are apartments and more compact development increasingly desirable, they are increasingly necessary in reducing our nation's carbon footprint and creating more sustainable communities. Apartments are an inherently 'green' housing choice because they use resources more efficiently, help preserve greenspace and are often transit-oriented.

More and more people are finding that their American Dream is to live within an area that includes shops and entertainment, and that which encompasses the lifestyle they desire. Apartment living is proving to provide that flexibility as people choose to live near their employment as well.

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