Transportation & housing - Nov 3
by Staff
Click on the headline (link) for the full text. Many more articles are available through the Energy Bulletin homepage
The bungalow is not the only bargain basement property up for grabs: thousands of others are on the market for $10,000 or less. One estate agent who has sold 50 properties - mostly foreclosures - in Detroit is trying to remain upbeat but admits: 'It is a blue-collar town like a lot of other American towns, but it has been hit harder than most.' He says there are houses are going for $5,000 while homeowners next door are struggling to pay a $60,000 to $70,000 mortgage on an identical property. 'It's obviously devastating for them.' The Detroit property market and the US car industry are mirror images: both are in freefall. Speculation is mounting that the government is planning a bail-out of the giant 'Detroit Three'. On Thursday, Presidential candidate Barack Obama added to the clamour, calling for a doubling of the $25bn in government loans recently approved by Congress to help the industry make more fuel-efficient cars. Washington is also said to be trying to engineer a merger of GM and Chrysler as analysts predict that the latter's new owner, private equity firm Cerberus, could pull the plug on it. Without dramatic government intervention, analysts predict all three companies will run out of money some time next year. ... It's hard to exaggerate the scale of the crisis facing the Detroit Three; in many ways, they are in a more parlous state than the banks. ... European car makers no longer look on at the plight of the big three with the sense of detachment they had a year ago: the question now being asked in boardrooms across the continent is: 'Could it happen to us?'
Danish artist collective N55, which advocates a nomadic way of life, certainly thinks so. Their Walking House has been tramping the fields of Bourn near Cambridge this week using solar energy to power its hydraulic legs at a leisurely speed of 60 metres an hour... ...But behind the eccentricity of the project is a more serious message. The module is solar-powered, collects its own water, has a compost toilet and a wood-burning stove for carbon neutral heating comes as an optional extra... ... Inspired by Frank Loyd Wright and Fallingwater, Zeisser wanted a house that extended out over water. To meet all the Swedish regulations and their own requriments, Lammers and Zeisser designed for a moveable room that can be rolled out along two steel rails with a series of ropes and pulleys. This living room area extends out while the family is in residence, and returns into position when they leave. This way, the extension has no foundation and is really a part of the main footprint, which circumvents the size restrictions on additions and set-back lines. ... Reindeer hides were nailed to the walls and ceiling to provide extra insulation, which was inspired by the Sami culture in Northern Scandanavia. Additionally, the cabin has no running water or phone lines and is not tied to the electric grid. The off-grid cabin is powered by solar panels on the roof. |
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