Plan before having children with near or full passive house savings
Now that we have a summer holiday from super-high energy costs, it is actually the best time to plan ahead as they will be returning with a bang soon enough.
But how many of us understand the potential guaranteed savings in 30 years of $300,000 to $600,000 dollars for normal house (plus or minus 2,000 square feet)?
We plan our own education for careers (expensive these days), marriage (we manage the costs) and having children (costly but necessary for two reasons – education and housing) and a that is close to a school of choice and convenient to work and leisure.
Cars are one of the biggest variables, though. The cumulative cost for vehicles can be more than the house cost in most of the U.S.
But the house needs real forward thinking, and that is NOT in our general mental training in the USA. I find ever-so-few smart professionals who understand this. They hire SMART investors to invest smartly, they hire as good as possible lawyers to be safe and, naturally, the same applies to doctors. But almost none of them hire smart green passive architects, and with green, every client will have guaranteed savings as long as they live in the building – no ups or downs like in stock markets.
Why Does this Occur?
Naturally there is a cost-fixing typical American house, ranging from $40,000 to $80,000 on average, but that is the cost that many people pay for a higher performance car.
The house is the same way: higher comfort, but lower cost over the period of raising a family in one school district.
But if one sells a “green house,” like my clients who have relocated, they will often find they can recover the cost in an instant and sell their homes fast – and with a premium.
In addition, when storms like Hurricane Sandy and other power outages occur, one has no need to find a friend or hotel for the weeks when there is no power. A green, self-sufficient house still has a comfortable 72 degrees inside 24/7, a working refrigerator and power for computers available.
Why We Still Don’t Understand One of the Professional-Side Largest Expenditures
The idea that we will not have economical oil, clean air and fertile soil forever – let alone for our next generation – just does not resonate in the USA. But it is the reason why Europeans have more stable life. They plan long term at the government level, and they save for those cloudy days when jobs and investments fall short.
In the next blog, I will make a similar comparison for Class A office buildings that are built right.
In Northern Europe, it hardly matters where you live. Education is equal where ever you are, and transportation is exemplary, meaning that cars are more convenience than necessity.
Tapani Talo, AIA