Real-Estate Crash Aids the Green Movement

February 21, 2012 / Elizabeth Buckley, Commercial Property Analyst

Rural areas were interspersed with the beginning construction for shopping malls and subdivisions that were never built due to the real-estate crash. It was a disastrous situation for builders and investors alike. However, it was beneficial for the green movement started by the environmentalists.

Real-Estate Crash Aids the Green Movement

A land trust, which is a nonprofit organization, purchases undeveloped and largely uninhabited areas of property in order to be able to preserve them in pristine condition. More land has been available for purchase since the real estate market was impacted by the recession. Discounted properties in Connecticut, New York and New Jersey were offered at unheard of low prices.

One land trust purchased a 185 acre parcel to preserve it. Scenic Hudson received the National Land Trust Excellence Award for its work to preserve the land along the Hudson River in New York. The award was presented at a Milwaukee convention in 2011.

The unfortunate diminishing real estate market gave a boost to the Green Movement land trusts that were able to purchase parcels of wildlands for a price that came with a 90 percent reduction in cost. Now, it’s good to see business reestablishing itself. Will the ugliness of countless real estate for sale signs be cleared away in 2012?

When the job market is restored we may see those houses that were foreclosed on filled with new families working towards living the American dream. The basic premise of the Green Movement can be implemented in new homes through the use of environmentally-friendly building products. Solar panels can be used for electricity and hot water heaters. In the warmer states, all of a home’s energy needs can be collected from the sun.

The Green Movement is the wave of the future for all new construction projects.

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