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Going green is not that easy

The thought of going green for residential and commercial properties is a pleasant one, but the reality of the situation is not quite as pleasant for most. While the world struggles with the fact that global climate change is fast becoming a reality everywhere, and government heads continually spout off legislation to enact change, the actual properties market has been far less quick to enact those changes.

In the United States, for example, hundreds of residential property owners are building personal wind turbines to help lessen their impact on the global climate change situation. While it seems to be saving most of them money, and extra energy is frequently sold back to states and energy companies, other property investors and even small township governments are doing all they can to stop the production of wind energy in the states.

Because of the appearance and the noise factor, neighbors don't want any part of going green. Because of possible damage to local bird populations, even the Audubon Society is concerned. Moreover, because the technology is so new, investors are very concerned about the ongoing effect they might have to a property's overall value.

Wind energy is not the only issue at hand. Mortgage companies are concerned about issuing loans to borrowers who use sustainable materials that may need more upkeep as years go by. Many private companies simply don't want the added expense of going green with new development projects. One UK report suggests that any green development will cost nearly 30% more than traditional structures. Clearly, it will be up to governing bodies to either enact required changes or leave things as they are. If governments have strict policies in place, property investors are sure to follow their leads.

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