When Country Garden, the biggest developer in China’s increasingly troubled real estate sector, published its annual report in April, the cover design exuded hope: a phoenix spreading its wings.The company […]
Building (Construction)
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Back to news homeCan Affluence and Affordable Housing Coexist in Colorado’s Rockies?
In the recreation-fueled, amenity-rich economy of Colorado’s Rocky Mountain region, there are two peak seasons: summer, with its rafting, hiking, fishing and biking, and the cold months filled with skiing […]
A.I. Can’t Build a High-Rise, but It Can Speed Up the Job
Meant as a sly swipe at the inflated hype around artificial intelligence, a billboard at a construction site in Antwerp, Belgium, in June read “Hey ChatGPT, finish this building.”Artificial intelligence, […]
GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and from more than 7 […]
Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
European leaders complained for years that the United States was not doing enough to fight climate change. Now that the Biden administration has devoted hundreds of billions of dollars to […]
As Infrastructure Money Lands, the Job Dividends Begin
It has never exactly been boom times for the archaeology profession, but this past year comes close — thanks to Congress.Kim Redman runs Alpine Archaeological Consultants, a firm that searches […]
China Is Finally Trying to Fix Its Housing Crisis
More than a year after one of China’s biggest real estate developers began to collapse, trouble has rippled through cities across the country. Dozens of other developers have also missed […]
Solving the Housing Crisis Means Building When No One Is Buying
Last year, Freddie Mac estimated the nation’s housing supply deficit at 3.8 million units, up from 2.5 million in 2018. Other analysts come up with different figures, but pretty much […]
Relief Eludes Many Renters as Fed Raises Interest Rates
Already, new home construction has dropped sharply as borrowing costs climb, declining 14.4 percent in May to the lowest rate in more than a year. Early data suggest that apartment […]
Developers Build More Net Zero Homes as Climate Concerns Grow
In the three years that Nicole Rae and Brian Mastenbrook lived in the San Francisco Bay Area, they grew increasingly concerned about California’s wildfires. The skies would turn orange, ash […]