In this chapter, we examine impediments to environmentally sustainable and energy-efficient change in multi-owned properties and how this impacts on the capacity of the strata community to achieve economic and environmental goals. Our research identifies four major impediments to sustainable adaptation in the Australian context. First, there are missed opportunities to integrate core environmental sustainability principles into initial design and construction. Second, centralised systems create difficulties in terms of facilitating consumer awareness of on-site energy and water use and waste. Third, decision-making for environmentally sustainable adaptation of dwellings is complex with strata managers remaining key gatekeepers of environmental and financial product information in this process. Finally, the market does not provide appropriate financing mechanisms to facilitate loans within the multi-owned property sector.
History
Publication title
Multi-Owned Property in the Asia-Pacific Region: Rights, Restrictions and Responsibilities
Editors
E Altmann and M Gabriel
Pagination
119-136
ISBN
978-1-137-56988-2
Department/School
School of Social Sciences
Publisher
Palgrave Macmillan
Place of publication
United Kingdom
Extent
17
Rights statement
Copyright 2018 The Authors
Repository Status
Restricted
Socio-economic Objectives
Residential building management and services; Residential energy efficiency