The WEF Wants Your House to Be Worth ZERO, to Achieve “Net Zero”
(by Igor Chudov | Substack) – Does your residence look like one of these homes?
Was your home (single family or multifamily) NOT built to the WEF’s 10 Green Building Principles published in 2021? Does your house NOT look like a “net zero structure of the future,” as shown below:
If so, be aware that the WEF thinks your house or commercial building is overpriced due to an imagined “carbon bubble” and should be worth ZERO. If the WEF gets its way, your building could become a “stranded asset” — that is, abandoned due to changes in regulations — unless you perform an expensive and often impossible retrofit — at your expense, of course!
“Carbon Bubble” and Real Estate Prices
The ULI warns of a possible ‘carbon bubble’ where the continued lack of pricing this transition risk keeps asset values artificially high and further perpetuates the chance that they ultimately become too costly to retrofit, resulting in widespread stranding of assets.
If you are not used to reading business mumbo-jumbo, I can explain, as I have a Master’s degree in business administration.
The WEF is warning us: homes and commercial buildings may be worth ZERO because the future retrofits required for net-zero carbon emissions may cost more than their value. Thus, your home or commercial real estate may become stranded. The term stranded asset means that is unusable in its current form due to a change in regulations.
“Widespread stranding of assets” is a business language talk of many buildings being abandoned.
Lest you think that I am picking on just one paragraph in a random WEF article, let me show you quotes from four separate WEF, CRREM, UNEP, and ULI documents that say the same thing: