Real Estate & Construction News Round-Up (10/12/22) – The IIJA, Cybersecurity, And The Housing Market – Real Estate
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This week’s round-up features how industries tangentially
related to the housing market could be affected by its downturn,
how the Biden Administration’s plans to invest IIJA funds,
cybersecurity considerations for commercial property owners, and
more.
- As home prices continue to fall, a pool of industries
tied to the housing market are beginning to show signs of
decline. (Jonathan Ponciano, Forbes) - The Transportation Department will need to staff up to manage the IIJA’s many projects, but
states and cities face worker shortages. (Dan Zukowski,
Construction Dive) - The Biden administration announced it will invest approx. $60 billion from the IIJA
towards roads, bridges, tunnels, carbon emission reduction and
safety improvements in all 50 states. (Alex Gangitano, The
Hill) - A recent whitepaper between JLL’s Property Management
group, Red Bison Technology Group and Aon, commercial property
owners should possess 3 key understandings to cultivate
comprehensive cyber protection. (Real Estate Weekly) - Building for Humanity, a non-profit housing restoration and
construction firm, has announced plans to build the UK’s first 3D printed homes. (Paul
Hanaphy, 3D Printing Industry)
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