Electric cars effects on home values
May 20, 2010 by Tim
Filed under environmental features, Practical Renovation, property market, Renovating
Today, I am reading that Nissan, the Japanese car company will be announcing their Electric car, the Leaf. I expect it will be available within two years. Toshiba and Panasonic are also assisting the Japanese car companies to develop the Breakthroughs in New Lithium Ion battery technology. This means within two years we will have efficient electric cars available. The big announcements are when the car companies launch their new models in July, so we all need to stay tuned.
How will this impact on the home market?. I reckon the dire fear, of ” I,need to buy in the inner suburbs”, will abate. The outer suburbs will become more viable. As home owners realise the car will remain the dominant transport model.
While the Inner suburbs may remain popular, because of conveniance. Let not the fear of higher petrol prices be the driver.
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