Residential Construction Increase Expected

In the early 2000s, some in the residential-construction industry predicted that, in the not-too-distant future, the United States would reach its new-home saturation point. The result would be a corresponding growth in the remodeling industry because the houses that had been built in the 1980s and 1990s would require major updating. Although some builders added remodeling components to their businesses, the bursting of the housing...

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‘Dig-Once’ Street Plan Proposed Again

A bipartisan group of lawmakers is trying to bring to fruition a concept known as “dig once.” What it basically says is that when a city decides to dig up a street for repairs or construction, it should take that opportunity to lay down an extra pipe that can carry high-speed fiber optic cables or other broadband conduits. Doing so prevents having to dig up the same street multiple times whenever another company wants to lay down new...

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Report: Rent Unaffordable For 1 in 4 U.S. Households

Washington — More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities. That’s the finding of an analysis of Census data by Enterprise Community Partners, a nonprofit that helps finance affordable housing. The number of such households has jumped 26 percent to 11.25 million since 2007. Since the end of 2010, rental prices have surged at nearly twice the pace of average hourly...

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