- Move towards gas-free homes by 2025 is a key pillar of this Future Homes Standard
- Housebuilders have lobbied against the Future Homes Standard
- Industry is lagging in tackling the climate crisis compared with other sectors
There are some obvious reasons to be bearish about housebuilders right now. After years of big profits thanks to low interest rates, house price growth and government initiatives aimed at encouraging homeownership, they now need to navigate a housing downturn just as the Help to Buy rug is pulled from under them.
But these are cyclical problems; arguably a bigger threat to long-term earnings and the investment case is the one they will need to deal with over the coming decades as well as the coming months: going green.