IDEAS home Printed from https://ideas.repec.org/p/hhs/kthrec/2014_002.html
   My bibliography  Save this paper

Sustainable renovation strategy in the Swedish Million Homes Programme: A case study

Author

Listed:
  • Lind, Hans

    () (Department of Real Estate and Construction Management, Royal Institute of Technology)

  • Annadotter, Kerstin

    (Department of Real Estate and Construction Management, Royal Institute of Technology)

  • Björk, Folke

    (Division of Building Technology)

  • Högberg, Lovisa

    (Department of Real Estate and Construction Management, Royal Institute of Technology)

  • af Klintberg, Tord

    (Division of Building Technology)

Abstract

The first part of the study concerns the concept ”sustainable renovation”. Four parts are identified and then used in the case study: environmental sustainability (including energy efficiency and choice of materials); social sustainability (interpreted as that the current tenants should be able to stay in the area), economic sustainability (the the project does not have to be subsidized and that there is no increase in cost for the social authorities) and finally a new interpretation that is called technical sustainability, which means that solutions with long term reliability is chosen even if this is not necessarily best from an economic and environmental perspective. The second part of the study applies this framework to analyze the renovation strategy of a municipal housing company in the suburbs of Stockholm. This case was chosen because they had clear social ambitions and offered the tenants three alternative renovation options called mini, midi and maxi. Most tenants chose the minialternative and this meant that they could afford to stay and that there was not any increase in the cost for the social authorities. An investment analysis showed that the minialternative had a positive net present value, but that the midi/maxi alternative where more profitable. The company had no specific environmental focus and energy use was only reduced with 8%. Technological sustainability was more important for the company. As a conclusion the study shows that a sustainable renovation is possible but that there are a number of conflicts between the different dimensions of sustainability. Giving more weight to environmental sustainability would increase cost and rents which create problems from a social perspective. From an economic perspective the midi/maxi alternatives were more profitable but then some households would have to move out because too high rents.

Suggested Citation

  • Lind, Hans & Annadotter, Kerstin & Björk, Folke & Högberg, Lovisa & af Klintberg, Tord, 2014. "Sustainable renovation strategy in the Swedish Million Homes Programme: A case study," Working Paper Series 14/2, Royal Institute of Technology, Department of Real Estate and Construction Management & Centre for Banking and Finance (cefin).
  • Handle: RePEc:hhs:kthrec:2014_002
    as

    Download full text from publisher

    File URL: http://kth.diva-portal.org/smash/get/diva2:706127/FULLTEXT01.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. George Galster, 2007. "Neighbourhood Social Mix as a Goal of Housing Policy: A Theoretical Analysis," European Journal of Housing Policy, Taylor and Francis Journals, vol. 7(1), pages 19-43.
    2. George Galster, 2007. "Neighbourhood Social Mix as a Goal of Housing Policy: A Theoretical Analysis," International Journal of Housing Policy, Taylor & Francis Journals, vol. 7(1), pages 19-43.
    3. Michael A. Valenti & Olivier G. Giovannoni, 2013. "The Economics of Inclusion: Building an Argument for a Shared Society," Economics Working Paper Archive wp_755, Levy Economics Institute.
    4. Lovisa Högberg & Hans Lind & Kristina Grange, 2009. "Incentives for Improving Energy Efficiency When Renovating Large-Scale Housing Estates: A Case Study of the Swedish Million Homes Programme," Sustainability, MDPI, Open Access Journal, vol. 1(4), pages 1-17, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    housing renovation; sustainable renovation; million-homes programme; Sweden;

    JEL classification:

    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:kthrec:2014_002. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mo Zheng). General contact details of provider: http://edirc.repec.org/data/ifkthse.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.