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We need a 'lemon law' to make all the homes we buy and rent more energy-efficient

Improving the performance of nearly 11 million existing homes will make a much bigger difference to housing energy costs and emissions than an incoming 7-star energy standard for new homes. ....

United Kingdom , United States , Better Cities , Building Standards , Construction Standards , Energy Efficiency , Energy Performance Certificate , Energy Ratings , Energy Use , Home Heating , Thermal Performance ,

Transcripts for BBCNEWS Talking Business 20240604 01:39:00

Cap rate or your interest rate gives you your capital value, so as interest rates rises that tends to depress the value of offices. but it s a really mixed picture. as i say, super prime offices in the hearts of cities, values are holding up extremely well. it s the secondary grade offices perhaps with worse energy ratings that we see will probably suffer the most. megan, let me end on this, a prediction. five years time, will we be in our city centres more or less? i think we re in our city centres more. i think people want to come together to socialise. the draw of cities actually gets bigger in the era of hybrid working. if people don t have to go to the city centre so much for work, they are more likely to come in to socialise. i think the great goal for cities, instead of having central business districts, we need central socialisation districts. mixed use developments that everyone can enjoy. thank you for your time. i ll talk to you soon. thank you. ....

Interest Rates , Interest Rate , Cap Rate , Capital Value , Energy Ratings , Grade Offices , Super Prime Offices , City Centres , To Socialise , Business Districts , City Centre , Socialisation Districts ,

Transcripts for BBCNEWS Talking Business 20240604 03:40:00

Offices perhaps with worse energy ratings that we see will probably suffer the most. megan, let me end on this, a prediction. five years time, will we be in our city centres more or less? i think we re in our city centres more. i think people want to come together to socialise. the draw of cities actually gets bigger in the era of hybrid working. if people don t have to go to the city centre so much for work, they are more likely to come in to socialise. i think the great goal for cities, instead of having central business districts, we need central socialisation districts. mixed use developments that everyone can enjoy. on that note, dr megan walters, a real pleasure having you with us. thank you for your time. i ll talk to you soon. thank you. just before the pandemic locked the world s cities down, my next guest was talking about opening 100 new restaurants around the world and he knows how to do it as well. his first chain of restaurants, pret a manger, redefined lunch for office ....

City Centres , Energy Ratings , To Socialise , City Centre , Megan Walters , Business Districts , Socialisation Districts , Office Workers , Pret A Manger ,

Transcripts for BBCNEWS Talking Business 20240604 02:39:00

During the pandemic, rents actually held up surprisingly well, people continued to pay their rent. the other component for property values is interest rates. recently we have seen a spike in interest rates. what that does is it tends to depress the value of real estate, so rent divided by your cap rate or your interest rate gives you your capital value, so it s interest rates rises that tend to depress the value of offices. but it s a really mixed picture. as i say, super prime offices in the hearts of cities, values are holding up extremely well. it s the secondary grade offices perhaps with worse energy ratings that we see will probably suffer the most. megan, let me end on this, a prediction. five years time will we be in our city centres more or less? i think we re in our city centres more. ....

Interest Rates , Real Estate , Interest Rate , Cap Rate , Capital Value , Grade Offices , Super Prime Offices , City Centres , Energy Ratings ,