Table 3

Summary of perceived risks and opportunities for funding WMC projects.

Perceived risks for WMCOpportunities/risk aversion strategies for WMCInterviewed experts
Higher construction costsEfficiencies through element manufacturing and lower transportation costs. Addressing benefits of wood construction.1,2,3,5,6,10
Material availability (wood)Considering price fluctuations and material availability.1,5,8
Competence of construction companiesLarger companies seen as more reliable, references for wood construction.3,8,10
Durability and maintenance risksTechnical performance, fire safety, and moisture issues need to be addressed to mitigate risks.2,5,7
General economic conditionsMaintaining reputation and attractiveness of WMC buildings.5,6,7
Lack of market demandPre-marketing and pre-selling of apartments to secure financing.8,10
Climate risks, extreme weather eventsSustainable wood use, more consideration in the planning phase of WMC buildings needed.1,9
Project completion risksPre-evaluation of the construction companies; Convert into housing cooperative loans after project end.10
Higher financing expensesGreen financing incentives for lower margins.7
Regulatory requirementsEnsuring accurate and consistent reporting of sustainability metrics for EU taxonomy requirements.1

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