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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

After a month of very little change in April , the construction sector had a solid month of job growth in May, according to the U.S. Construction gained 36,000 jobs in May, with residential building adding 5,000 jobs and residential specialty trade contractors gain 11,700 jobs. The post Residential construction jobs now 7.6%

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What Biden’s infrastructure plan does for housing

Housing Wire

Specifically, the plan calls for the construction and rehabilitation of over 500,000 homes in low- and middle-income areas. According to Biden, two million affordable homes and commercial buildings would be built and renovated over the next decade as part of the initiative.

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Biden’s plan to fix housing supply depends on Congress

Housing Wire

The Biden administration today unveiled a plan that it says will “help close” the housing supply gap, which one 2021 tally put at 1.5 The plan is in addition to measures the federal government announced in September 2021 that the federal government said would create 100,000 homes in three years. million homes, in five years.

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“Human infrastructure” is about jobs and housing

Housing Wire

A 2021 Pew Research Center survey found that 66% of the unemployed have “seriously considered” changing their fields. That’s the case, even though construction work was designated essential from the pandemic’s outset. This multiyear project goes beyond renovation. Lesson one: Jobs. Meanwhile, U.S. Lesson two: Housing.

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Gross Living Area Discrepancies with Public Data May Differ and How They Occur

Boston Appraisal

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

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Gross Living Area Discrepancies with Public Data May Differ and How They Occur

Boston Appraisal

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Upgrades to existing buildings brought an even bigger reduction in operating costs globally, with green renovations at 11.5% Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. reduction in operating costs in the first year and a 16.9%