Friday, August 24, 2007

More on Mortgages

Yesterday I posted a conclusion that the subprime lending debacle was going to make securing funds for green building projects more difficult. There was one more observation that needs to be made as a result--the tightening capital market puts the onus on the government to keep the green building momentum growing. It is really up to states, municipalities and even the Federal government to mandate green building practices which might otherwise get "value engineered" out in a tight money situation.

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