Housing Conference Examines Global and Local Impact of Credit Crunch

The far-reaching impact of the global credit crunch was discussed by academics and experts at the recent “Housing Assets, Housing People” conference at the University of Glasgow. The four-day event was hosted by the International Sociological Association’s Research Committee 43—a group of academics from various disciplines who study aspects of housing—as well as the University of Glasgow.

McKinsey: Green Building Can Save U.S. $1.2 Trillion  

By Alex Palmer New York–Investing in energy efficient buildings now will lead to as much as $1.2 trillion in savings by 2020, according to a new study from McKinsey & Co. In its new report, “Unlocking Energy Efficiency in the U.S. Economy,” the management consulting firm forecasted just how valuable aggressive green construction could prove to be for the United States.  McKinsey predicts 900,000 new jobs could be created and 1.1 gigatons of greenhouse gas could be reduced annually, if about $50 billion a year was invested in a comprehensive green building strategy during the next decade. This reduction would represent…