Rental Listings With Energy Scores Prompt Greener Choices
When US renters can compare the energy efficiency of houses or apartments, they are 21% more likely to choose an efficient one, a new study found.
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When US renters can compare the energy efficiency of houses or apartments, they are 21% more likely to choose an efficient one, a new study found.
Sales of previously owned US homes fell in April to the lowest since June 2020, held back by lean inventory, as well as rising prices and mortgage rates.
US mortgage rates slipped slightly, the first decrease since late April, as the housing market adjusts to a central bank working to stifle the hottest inflation in more than four decades.
Company’s effort to acquire newer homes follows earlier bet on VineBrook’s older properties.
Heat pumps are highly efficient electrical devices that can heat and cool homes. The tech could save Europe an estimated 60 billion euros in annual natural gas import costs.
Dec 9, 2021
Bloomberg News
,(Bloomberg) -- China Evergrande Group’s inability to meet its obligations is a market event and will be dealt with in a market-oriented way, the head of the nation’s central bank said.
“The rights and interests of creditors and shareholders will be fully respected in accordance to their legal seniority,” the People’s Bank of China Governor Yi Gang said Thursday in a pre-recorded video message to a top-level seminar about Hong Kong’s future as an international financial center.
The comments provide the latest signal that Beijing won’t bail out Evergrande as it strains under $300 billion in liabilities. The embattled property developer, which has yet to pay overdue interest on two bonds this week, has said it will “actively engage” with offshore creditors to create an overhaul plan.
Hong Kong has established an effective system and well defined legal provisions to deal with these issues, Yi said. A few firms in the short term will not undermine Hong Kong’s financial system in the long term, he said.
©2021 Bloomberg L.P.