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by EdwardDiego
46 days ago
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> As an owner, I have no incentives to make my apartment/house better because I don't live in it and I don't pay the energy bills. In a rental market with more supply than demand, having more efficient / cheaper heating is an advantage to attract tenants - but this kind of market in residential housing is typically rare these days. Which is why governments need to enforce this by regulation, e.g., in my country landlords are required to meet insulation / heating / ventilation standards that often end up with their rental housing being better insulated and heated than the homes that the landlords live in themselves. https://www.tenancy.govt.nz/healthy-homes/ If you own an older home and are renting it out, you'll often find that the heating capacity is too low for the modern standards, and in that case, a heat-pump is usually the most cost effective solution. What also makes these standards work is that a lot of banks offer cheap loans for energy efficiency upgrades: for example https://www.anz.co.nz/personal/home-loans-mortgages/loan-typ... |
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