Denise, a 60-year-old woman residing in Hobart, Bellerive, in a new house with a double garage, seeks to capitalise on the housing crisis by converting her garage into one of the three options:

 (1) a bedroom; 

(2) a bedroom with ensuite bathroom; 

(3) a bedroom, ensuite bathroom and kitchenette for long term rental or short-term rental such as Airbnb. 

Converting a double garage into accommodation is a significant project, with costs that can vary depending on factors such as the size of the garage, the extent of the renovation, and the materials used. There are also several accounting implications that must be considered, such as financing the conversion, determining what rent to charge, and ensuring that the conversion meets all building and safety regulations. Denise consulted with professionals and based on her plan, here is a detailed breakdown of the estimated costs she might incur: Initial Consultation and Design that cost anywhere from $500 to $3,000, depending on the extent of the project. 

Structural Alterations: converting the garage into a living space will require extensive structural alterations, such as installing walls, insulation, and electrical and plumbing systems. The cost of these can vary significantly, based on the specific requirements of the project, but typically range from $20,000 to $50,000. 

Windows and Doors: windows and doors must be installed to meet building codes and create a comfortable living space. The cost of windows and doors can vary, depending on size and quality, but typically ranges from $3,000 to $10,000.

 Flooring: Denise will need to install a new flooring system to make the garage a liveable space. The cost of this can vary based on the type of flooring she chooses, but typically ranges from $5,000 to $10,000. 

Kitchen and Bathroom: If she plans to include a kitchen and bathroom, the cost can increase significantly. Kitchen appliances, cabinets, and countertops can cost between $10,000 and $20,000, while a basic bathroom installation can range from $5,000 to $10,000.

 Permits and Fees: Depending on her location, Denise may need to obtain permits from local authorities, which can cost at least $1,000. A separate electrical panel: The estimated cost to install a separate electrical panel for converting a double garage into a living space is typically around $800 to $2,500.

Task

Share your opinion on whether Denise's decisions and actions, which meet all the legal requirements of her projects, can be deemed inherently ethical. Formulate a well-reasoned rationale to support your argument, considering the broader implications of her choices beyond legal compliance. Consider the potential impacts on stakeholders, the community, and vulnerable populations, and how ethical decision-making transcends mere adherence to legal standards.

Examine the significant adverse effects that decisions and actions legally endorsed in Denise's project may have on communities, with particular attention to environmental, social, and economic aspects in the long term. Draw from in-depth research into the housing crisis in Tasmania to provide concrete examples illustrating how legal compliance alone may not guarantee positive outcomes. Analyse the potential consequences of disregarding ethical considerations in development projects and explore sustainable alternatives that foster community well-being