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5. Rents will also rise Construction of multifamily homes will increase this year, but there's still a shortage of rental homes for the millions who need them.
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Most of these buildings originate from the high-rise construction boom of the 1960s and 1970s and many are in poor condition, located in more deprived areas and include a significant share of social housing [ 11].
PARIS — The site was a 1970s high rise, a construction of faceted glass and steel, built when business centers were the height of fashion.
An unanticipated rise in construction of new housing in November -- as home builders took advantage of unseasonably warm weather -- also helped put Wall Street in a buying mood.
With Europe already dependent on Russia for a quarter of its natural gas, and that number set to rise with construction of a new northern pipeline running under the Baltic Sea to Germany, European leaders were keen to find alternative sources of natural gas.
Among other unknowns are the cost of security features, the effect on the memorial project of rising construction costs, and the results of a rebidding for the job of installing structural footings for the memorial.
Economists suggest favorable conditions for landlords will continue for at least a year, with employment gradually rising and construction of new apartments remaining constrained.
For states, acute revenue shortfalls, combined with years of rising construction costs and a backlog of projects, are forcing difficult choices between raising taxes or imposing drastic cuts.
A combination of rising construction costs, state mandates for the use of renewable energy and lawsuits by environmental organizations have forced many utilities to drop or postpone coal projects this summer.
Rising construction employment is part of a wider picture of Long Island job and economic gains.
(So) Hong Kong is facing rising constructions costs of 20% per annum.
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