4 ms·

Never mind being a renter. There isn’t much incentive for landlords to previous feeding cost for their tenants.

• mrguyorama 4y ago
  My previous apartment was built in the 80s and used only electric resistive hot water heating in an apartment with quite literally gaps in the windows and outside door sealing, in a climate that is below freezing for at least a month of every year. That shit should be considered criminal. But noooooo landlords provide so much value! Think of the poor struggling landlords! The landlord is a company in boston running hundreds of the units in this city, across multiple companies.
  • jeffbee 4y ago
    It is the well-known "split incentive". The only solution is regulatory. A governmental agency needs to step in to either mandate the efficiency investments or require that the landlord pays the energy costs. http://cbei.psu.edu/split-incentives-and-green-leases/ http://cbei.psu.edu/split-incentives-and-green-leases/
    • ttul 4y ago
      Agreed. Where I live, the government has a very progressive approach on climate change. There is a large carbon tax. Home owners can get a large credit to retrofit their home with a heat pump. Yet in this market, there is a shortage of rental housing, so landlords have little incentive to renovate in any way, let alone to reduce heating costs for tenants. Like Boston, renters suffer with leaky windows and exorbitant heating bills while home owners tap climate change refit incentives and reap the considerable rewards. Need I also remind everyone that, during the pandemic, almost no home owner had to pay their mortgage, whereas there was no such abatement for renters.
      • irq 4y ago
        > Need I also remind everyone that, during the pandemic, almost no home owner had to pay their mortgage This is patently untrue