31 Jan '14, 8pm

Do you think #LEED sends a strong signal to the real estate market?

Do you think #LEED sends a strong signal to the real estate market?

The final day of Greenbuild 2013 closed with a talk from Nate Silver , an American statistician and #1 best selling author of “The Signal and the Noise ”. One take-away message was how ‘signals’ have economic value and can serve as a window into goals, values and intentions. Signaling is an important construct of a functioning market economy, as signals work to facilitate the efficient exchange of goods and services. LEED certification sends a strong signal to the real estate market. As the dominant language of green building, a LEED rating communicates important aspects of a building. This communication capability adds a significant value dimension to the real estate equation at every point of an asset’s lifecycle. “LEED provides a strong signal to all market participants and will be an important contributor to continued progress in the real estate industry.” Two leading ...

Full article: http://www.usgbc.org/articles/leed-value-market-signal

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