Sentences with phrase «said the building boom»

Patrick Chovanec, who teaches business at Tsinghua University in Beijing, says the building boom is driven by frenzied investors — not the housing needs of millions of migrating workers.

Not exact matches

The fact is, says Vitaliy Katsenelson, director of research at Investment Management Associates in Denver, Colo., and a prominent China skeptic, China's frantic building boom over the past five years not only boosted GDP on paper and put millions to work but also produced a property bubble where neither investors nor developers are likely to ever recover their costs.

About half of the units in the building, part of the Essex Crossing project, have already been bought by boomers and millennials, who've snapped up 20 percent and 40 percent of them, respectively, said a spokesperson for developer Taconic Investment Partners.

«We've have the workforce, and we've been building out these gas - processing facilities, these pipelines and all the infrastructures that's required to really support the big LNG boom that we expect to see in the second wave of LNG in the U.S.,» Brown said.

«I thought this would be a boom industry and that we could build a national company,» he says.

Just last June, the council voted Mississauga's iconic 50 - and 56 - storey Absolute World — the so - called Marilyn Monroe towers — the best tall buildings in the Americas and became fascinated by the extent of the building boom north of the border, says executive director Antony Wood.

Bega's adviser, David Williams of Kidder Williams, urged competition regulators to take a more «balanced» view of the dairy sector, saying industry rationalisation was necessary to build scale and enable the Australian industry to take a bigger share of the booming Asian dairy market.

«It's hard to make a case that right now developers need a tax incentive because New York City is in the process of a building boom,» Sheinkopf said.

Brooklyn landlords looking to quickly cash in on a booming real - estate market found a way to bypass a lengthy building inspection process: call on a «shadow utility company» set up by a former National Grid employee to install illegal gas lines, authorities said.

The CBI's director general, John Cridland, said there was «gathering momentum» in the economy but more needed to be done to correct the «profound economic imbalances which built up during the boom years», including developing a «coherent» industrial strategy.

Any dam being built during this government - funded boom, as well as those already completed, must be able to withstand the strong ground shaking of an extreme earthquake, says Martin Wieland of the International Commission on Large Dams, a group of engineers that makes recommendations for structural standards.

Welch said: «Let me make an analogy: back in the 1950s and 1960s there was a population boom and we built lots of very tall tower blocks around the place and now we are knocking them down.

Consumer Boomer presents How to Build a CD Ladder For Maximizing Return posted at Consumer Boomer, saying, «When you ladder your CD investments, you can maximize the potential earnings.

Panama City's unrestricted housing boom may cause a real estate crisis in the near future, but until then, we can just look at the bright side and say the new buildings are covering up empty rubble lots leftover from the 1989 U.S. military invasion.

It made me think of the effect seeing Toyo Ito's Tokyo building, Egg of Wind (left), had upon me a decade ago - containment, energy, boom (so different from what that would look like in, say, a Roy Lichtenstein.)

«We have a booming new market in Argentina, a return to form in South Africa, Mexico on the verge of dramatic growth, and a powerhouse building in India», said Sawyer.

«The apartment sector did not overbuild during the housing boom, and then built nearly nothing for two years after the market crash because no financing was available,» he said.

«One of the major factors behind the acceleration in costs has been the sharp rise in building materials prices alongside the continuing boom in U.S. housing activity and robust Asian demand for industrial goods,» says Adrienne Warren, senior economist, Scotia Economics.

«The boomer generation is currently experiencing a transition to their next phase of life, so the home building and finance industries should commit to better understand the wants and needs of this generation to offer the best possible solutions for them,» Peskin says.

While prices may cool, the scarcity of land on which to build detached houses will continue to fuel the condo building boom, said Peter Norman, chief economist at real estate consulting firm Altus Group.

The demand for Leslieville was always building, she says, but when the condos started going up, the boom of young families started to have an effect on the neighborhood dynamic, and ultimately, the schools.

«Many buildings that went up during the beginning of this condo boom are already facing high repair costs, and in many cases lawsuits, because they are built so shabbily,» said Ted Kesik, a professor of building science at the University of Toronto.

But we're also seeing a clear trend among downsizing baby boomers who are looking for convenience, security and the ability to enjoy their retirement living in a condo where they can walk to restaurants and shopping, transit, and enjoy a new lifestyle,» says Bob Finnigan, president of the Building Industry and Land Development Association (BILD).