Real Estate Investor Magazine South Africa April 2016 | Page 49

increased levy for usage beyond the recommended cap. No, it’s not something South Africans will welcome with open arms, but if it’s done correctly, rationally and with the necessary systems in place, it’s really worth a thought. New residential developments could be forced to be much more energy efficient than they already are, if stricter regulations were set in place from the planning stage. In these cases, the allowed energy and water usage could be set lower than in older developments, to ensure that the capital invested actually delivers the expected results. From a behavioural psychology perspective, the discomfort caused by punishment (in this case a higher levy on indulgent energy usage) might just affect the desired change in our consumerist ways – us humans don’t really enjoy being punished, especially when it affects our finances. Eventually, although brought about by an unpleasant push from government, we’d adjust to these regulations, manage just fine in spite of them, and see real results. New residential developments could be forced to be much more energy efficient than they already are, if stricter regulations were set in place from the planning stage. The cool factor As with all major revolutions throughout history, the process of converting to a more sustainable way of living is one that will probably take 50 to 80 years to really run its course. But what if we were to try and speed it up? According to Pretoria’s Mari-Louis van der Spuy, who holds a Masters’ degree in Consumer Sciences, one approach worth considering is appealing to the current decision maker’s desire to be cool and on trend. As Malcolm Gladwell says in his book, ‘The Tipping Point’: “There is a simple way to package information that, under the right circumstances, can make it irresistible. All you have to do is find it.” So, what if we could package a greener way of living in such a way that it becomes irresistibly cool? From a psychological point of view, this approach shifts the focus from changing the behaviour, to making the www.reimag.co.za effects of the changed behaviour really desirable. If we could package new green residential developments just right, consumers would be buying into a higher social status, a higher level of independence from government entities, and the much wanted bragging rights of being a step ahead. Surely that is something a great deal of potential homeowners would be interested in? What the ‘in crowd’ looks like Ettiene Pretorius, CEO and founder of South African Capital Partnering with his latest eco development will be breaking ground in Pretoria East in February 2017 will be aiming to do just that – packaging green living to be absolutely irresistible. With sustainable living as the goal, each unit in the estate will be fitted with a UPS system, 5W LED lights, hig