Tag: Residential Building Construction

China Ends Underwhelming Year With Fresh Signs of Weakness
World

China Ends Underwhelming Year With Fresh Signs of Weakness

Dec. 30, 2023 10:18 pm ETChina’s economy showed fresh signs of weakness as the year drew to a close, piling pressure on Beijing to take bold new steps to fire up growth in 2024.Surveys suggest factory activity slid deeper into contraction in December due to thin order books at home and abroad, while the services sector struggled as consumers kept a tight leash on spending.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Ruined Landscape of Gaza After Nearly Three Months of Bombing
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The Ruined Landscape of Gaza After Nearly Three Months of Bombing

Listen to article(2 minutes)The war in the Gaza Strip is generating destruction comparable in scale to the most devastating urban warfare in the modern record.By mid-December, Israel had dropped 29,000 bombs, munitions and shells on the strip. Nearly 70% of Gaza’s 439,000 homes and about half of its buildings have been damaged or destroyed. The bombing has damaged Byzantine churches and ancient mosques, factories and apartment buildings, shopping malls and luxury hotels, theaters and schools. Much of the water, electrical, communications and healthcare infrastructure that made Gaza function is beyond repair. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Russian Strike on Ukraine Sent Warhead Through Polish Airspace, Warsaw Says
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Russian Strike on Ukraine Sent Warhead Through Polish Airspace, Warsaw Says

KYIV, Ukraine—Russia launched a massive missile and drone attack on cities across Ukraine, killing at least 30 people and allegedly sending a warhead through Polish airspace in one of the biggest barrages of the war.Ukrainian President Volodymyr Zelensky said Russia launched around 110 missiles on Friday morning. The majority were shot down, according to Ukrainian officials, but damage was nonetheless widespread. Schools, apartment buildings and a maternity hospital were all hit. Casualties were reported in Kyiv, Kharkiv, Odesa, Dnipro, Zaporizhzhia and Lviv—the six largest Ukrainian cities not under Russian occupation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
In Sedona, a Rust-Covered Home Is Disguised by the Desert Landscape
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In Sedona, a Rust-Covered Home Is Disguised by the Desert Landscape

Ian and Anne Rowland are married software engineers who can work from almost anywhere. And that, during New England’s long gray winters, means anywhere but Cambridge, Mass. “We wanted a place that felt very different from our home, and a building that reminded us of that difference, even if we were sitting inside, working,” Ian says.That explains why they built a vacation house in Sedona, Ariz. If you’re trying to avoid gray, there is no better place than that Yavapai County town, which is set among some of the reddest rocks on earth.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Why It Took 17 Years to Build 49 Housing Units in Los Angeles
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Why It Took 17 Years to Build 49 Housing Units in Los Angeles

Listen to article(2 minutes)A Los Angeles nonprofit was given government land in January 2007 to build a few dozen units of affordable housing. They’re finally hoping to open the building next year. Lorena Plaza, a 49-unit development rising in the predominantly Latino neighborhood of Boyle Heights in eastern Los Angeles, is taking longer to complete, a city official said, than practically any other residential building this size in the history of Los Angeles. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Chinese Leaders Vow to Step Up Support for Flagging Economy
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Chinese Leaders Vow to Step Up Support for Flagging Economy

Chinese leaders vowed to increase government spending and monetary support for the economy at an annual gathering, signaling they plan to stick with a measured approach to stimulus despite calls for bolder action. The Central Economic Work Conference, which ended Tuesday, capped a bruising year for the country’s economy, which has struggled with a drawn-out housing crunch and weak consumption.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Australian Builders Reject Moves to Sting Foreign Investors in Housing
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Australian Builders Reject Moves to Sting Foreign Investors in Housing

Updated Dec. 10, 2023 9:09 pm ETSYDNEY—Australian home builders have rejected federal government plans to sharply increase penalties on foreign investors in the housing market, saying the measures will further erode new home supply, not add to it.Treasurer Jim Chalmers announced Sunday that foreign investors who buy established homes will face a tripling in government fees, which will increase further if the home is left vacant.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Gaza Fighting Hits Historic Mosque as Battles Rage
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Gaza Fighting Hits Historic Mosque as Battles Rage

Listen to article(2 minutes)Israeli soldiers clashed with Hamas militants in the narrow streets of some of Gaza City’s oldest and most crowded neighborhoods, with blasts severely damaging a large seventh-century mosque and setting some residential buildings ablaze.The Israeli military on Saturday instructed the remaining residents of the Old City, Jabalia refugee camp and the Shujaiyeh and Zaytoun areas to evacuate to areas to the west. The United Nations said intense fighting in Jabalia and eastern neighborhoods of the city encompassed 11.5 square miles, affecting an undefined number of residents after hundreds of thousands fled south.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
San Francisco Is Building to Bring Residents Back
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San Francisco Is Building to Bring Residents Back

Real-estate developers are launching a series of residential projects in San Francisco, responding to new efforts by the state and city to create more housing in one of the country’s most expensive places to live. In what would be the city’s most ambitious residential development in several years, local property developer Bayhill Ventures last month announced plans for a 71-story rental tower in San Francisco’s ailing financial district. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
European Developers Are Wooing Wine Lovers With Their Own Hassle-Free Vineyards
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European Developers Are Wooing Wine Lovers With Their Own Hassle-Free Vineyards

With careers in Northern California’s tech sector and a primary home on the eastern shore of San Francisco Bay, Clifton Lewis Lyles and his wife, Serene Lewis Lyles, have long spent their down time among the vineyards and wineries of Sonoma and Napa counties. Now in their early 50s, the two are getting ready for something new—their own bit of vineyard and their own private wine label, some 5,500 miles away in the Alentejo region of Portugal.   The opportunity comes with their new vacation home: a two-bedroom, 2,500-square-foot villa, currently under construction, in L’and Vineyards, a luxury development about an hour’s drive from Lisbon. The 163-acre estate, with 15 acres of vineyards, lets its homeowners—spread across a total of about 80 units in the coming years—become de facto wine...