Energy-efficient homes and mortgage risk: crossing the chasm at last?

摘要: A topic of recent interest is energy-efficient houses. In the last twenty years, US market has witnessed growth in adoption energy efficiency via various building technologies, design schemes, and eco-labels by developers, homebuilders, homebuyers. Although housing real estate scholars have begun explorations factors associated with diffusion efficiency, subject yet to be explored from perspective a critical stakeholder—the mortgage lender. This paper distinguishes itself extant literature several ways. First, using innovation intellectual framework, authors explore role lender as an gatekeeper. Second, review article, summarize key papers underwriting, credit scoring, finance help frame number frictions that could mute further housing. Finally, analyze these offer both public policy suggestions may overcome increase opportunities for private competitive advantage transparency.