Another point of view – “Apparently, we are supposed to believe that a pilot of a voluntary labeling scheme will achieve a 5-star standard in existing buildings, which took a mandatory requirement to achieve in newly constructed homes – even though they can more easily meet such a standard….Now, you might think that a $100 to $200 fee to ensure buyers were properly informed about the relative energy efficiency of all homes was chicken feed compared to things like stamp duty of around $20,000 on the average home; and would be made-back with interest on the first week’s rental payment. But the real estate lobby thought this would be a major impost and deterrent to people wanting to sell or rent their homes.”
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