US Housing: Because of the shortage of materials, the construction sites are longer and more expensive
As housing concerns mount, cities, states steer billions in COVID funds to address crisis
Mayors are tapping COVID-19 funds to take on an affordable housing crisis. But some say real progress depends on Biden's $3.5 trillion spending bill.City leaders set a lofty goal to rehouse each of Austin's 3,000 homeless citizens in three years – but how to pay for the $515 million undertaking remained a question.
for months that the building sector alerts the shortage of materials that it is a victim. But what are we talking about? What is the concrete impact on renovation and construction sites?real estate - here are months that the building sector alerts the shortage of materials that it is a victim. But what are we talking about? What is the concrete impact on renovation and construction sites?
Stop the day in the aftermath an entire economy is not nothing, especially when this forced break lasts several months. Among other economic consequences, the pandemic and the sanitary restrictions that had to be taken took up many sectors of activity and in particular that of the , causing a soaring prices of materials. first and deadlines to route them. Touching professionals hardly, this crisis inevitably affects individuals.
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several factors contributed to creating this global temporary shortage phenomenon. Of course, the "Stop and Go" policy carried out by many states in 2020 is the first responsible, as Matthieu Burin, co-founder of Hemea, an architectural studio: "Once at a stop, the Big production plants can not restart immediately, "not to mention that the necessary staff was most often unemployed.
Gold, "the economic recovery has been much stronger than expected, particularly in theIncreases everywhere and Asia," continues the works engineer. Logical consequence: a supply break that created a command bottling and resulted in the increase in commodity prices and delivery times.
All building materials have been impacted by this phenomenon. Some have even seen their rates explode, as confirmed by the estimates carried out in the second quarter 2021 by Hemea. At the top of the list, the price of thejumped 61%, against + 57% for steel, + 51% for copper and + 48% for raw wood. The insulating panels for the roof accused 40%, while the plaster won 22%, as well as the tile with + 20%, while the paint displays + 10 to + 15%.
Waters hopes there's no attempt to make deep cuts to housing proposal
House Financial Services Chair Maxine Waters (D-Calif.) said she hopes lawmakers won't make deep cuts to the affordable housing aid she's pushing to be included in her party's sweeping social benefits and climate spending plan, as Democrats look to trim the massive package to meet demands from moderates."We are not simply going to go along to get along. We're probably going to have to give an alternative to whatever is being suggested, and I certainly hope that there is no attempt by which to do deep cuts in housing," Waters said at a press conference on Wednesday afternoon.
It is necessary to add the elongation of the delivery times. "While it was previously necessary for 3 days to route plaster, we went to 3 weeks today," according to Mohamed Dahrouch, Operational Director of Valoptim, a new ecological housing builder in Île-de-France. Same case for the metal, whose delay has doubled by reaching 6 weeks. Result: It takes more than an extra month to deliver a good.Addition climbs
but who suffers all these increases? The artisans obviously, but also, by Ricochet, their customers. Job quotes repeat indeed the increase in the cost of materials but also times of realization, which still climb the addition. For example, Hemea assessed that the full renovation of anIf the phenomenon is global and real, however, it is necessary to qualify. A recent survey conducted by the Simon-Kucher International Consulting Office with about fifty French managers in the construction sector, reveals that only half of the surveyed industrialists applied a price increase. EconomieLogement: All Understanding to RGE Construction by Chantier EconomiesServices: To which tax credit Do you have right as an employer person?
Refugees arriving in Maine are finding it harder to afford housing .
More people who are working remotely are moving into less expensive towns — but that's also causing a housing crunch for refugees in Maine who can't afford to live elsewhere. The trend stretches across the US.Hussein Albraihi sweeps the floor at a former church in Hallowell, Maine. A local nonprofit organization is converting the site into a six-bedroom apartment for a refugee family from Syria.