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Commercial construction is experiencing a huge downtown and has yet to recover since it dipped at the start of the pandemic. But in contrast, residential construction is experiencing historic demands.“It's been a remarkable year for housing,” said Robert Dietz, chief economist for the National Association of Home Builders.When the pandemic hit, no one was sure what the impact would be on housing.“People need larger homes; they need to fix up their existing homes and frankly there’s not enough inventory on the marketplace so builders are really busy right now,” Dietz said.So busy, in fact, that some are deciding to buy new homes rather than wait for their projected renovation to start. The NAHB is a trade association with 140,000 members who handle all facets of family construction.“We’re looking this year, we think single family construction will be up almost 10% and that will make it the best year for single-family home building since the Great Recession itself,” Dietz said.But that doesn't, by any means, put anyone in a "perfect" position.“There are headwinds on the horizon and the industry has faced a number of persistent challenges that have reduced housing affordability,” Dietz said. “Those would include the persistent lack of skilled labor, lack of lots in high-demand markets, and of course regulatory costs have been a persistent thorn in the side of the industry causing costs to be higher and pricing out home buyers out of the market.”When demand goes up, supply goes down. Lumber prices are at an all-time high. It's taking months for builders to get their materials and supplies, and people are finding themselves stuck.“It can be a frustrating marketplace because you have those historically low interest rates that you want to take advantage of, you’re looking for more space given the changes to telework and all the factors that have changed as a result of the virus but there’s not the inventory there to meet the demand in front of the industry,” said Dietz.Ken Simonson, chief economist for the Associated General Contractors of America, was asked whether some are considering moving into the residential sector because it's doing so much better than the commercial side. He said, "Home building is really a different market."Simonson said the contractors in his organization do “apartment buildings, every type of non-residential building, infrastructure, highways, water and sewer systems, power plants and so forth.” He said contractors across the national saw an initial rebound, but it's been on a steady decline since the spring.“Non-residential construction, there’s a lot of doubt about whether there’s going to be demand for more stores or offices and whether owners whether they’re private or universities or state and local governments have the money to pay for them,” Simonson said.He says it's different in every state and region. Some niche industries are doing okay, like data centers, and the fields of medical device and health care. But most industries, like hotel and retail, for instance, have just about disappeared.“I have to say I’m pessimistic the construction industry is going to lag the overall economy,” Simonson said. “There are hopeful signs about the economy being able to pick up speed in 2021 if enough people get vaccinated and the vaccine proves to be effective.”Construction tends to take a while to bounce back. And for those who are waiting to move up or move out of their homes, economists say your best bet is patience. 3507
Considered one of the top architectural marvels of all time, the Great Wall of China draws millions of travelers to its fabled stones every year.Earlier in August, home rental website Airbnb launched a new contest called "Night at the Great Wall," in which four people and their guests would have got the chance to sleep in a custom-designed "home" set in one of the UNESCO-listed structure's towers.Judging by the photos of the set-up provided by Airbnb, the once-in-a-lifetime experience would have been quite spectacular -- but not everyone thought it was a good idea.Airbnb received mixed feedback on the concept -- amidst concerns that the competition could cause damage to the famous wall."We deeply respect the feedback we have received," said Airbnb in a statement. "We have made the decision to not move forward with this event." 846

CORONADO, Calif. (KGTV) - Homicide detectives are investigating the discovery of a man's body on the bayside of the Silver Strand near a bird sanctuary. The report of the remains was received about 1:30 p.m. Monday, Coronado police said.Sheriff's homicide investigators responded to the scene in the 7700 block of Silver Strand Blvd., along with Coronado police.The deceased 47-year-old man was found in between the bike lane and the water line, Coronado Police said.There was no immediate report of the person's identity or circumstances of the death. 565
CLEVELAND — The morning of Nov. 23 started out like any other for Amanda Zupancic. She’s a special education teacher in Cleveland. Around 11 a.m. that morning, in what would be her 3rd period class, she was in session with a middle school student and his mom on Zoom in the upstairs office of her west Cleveland home.She was suddenly interrupted with a loud noise.“I heard a glass-shattering crash downstairs,” she said. “I was like, 'hold on, I think someone is breaking into my house, just joking.' I didn’t think anyone would be breaking into my house in the middle of the day,” she said.But that is exactly what was happening.“There was a man walking though my baby gate with a knife in his hand walking upstairs,” said Zupancic. “He started threatening me, yelling at me, calling me names. He grabbed me upstairs into my bedroom.”The man began rummaging through her things, all the while Zupancic’s student and his family were still on that Zoom call listening from Lake County.In the 911 call, the student’s dad tried to explain the situation. “The teacher that teaches my son, somebody broke into her house we saw it on the Zoom,” said the student’s dad to a Lake County dispatcher.As the robber frantically searched for valuables, the dad gave as much detail to the dispatcher as he could.“I guess she heard the man say, ‘Get on the floor. I’m going to cut your f-ing throat,’” he told the dispatcher.Zupancic told the man he could have her car keys but they were downstairs. He agreed she could go and get them. She said, instead of getting the keys, she let her two dogs out.“When I reached for my keys, instead I opened the gate and I have a German shepherd and a Great Dane-boxer mix. So the German Shepherd stood between myself and this guy, and the Great Dane Boxer mix went at him,” she said.It gave her enough time to think.“I just grabbed a pair of scissors and I chased him to the front door,” she said.She continued to chase him down her street.“I started chasing him with this pair of scissors, in my house shoes, down the street, yelling 'help me, help me, this guy robbed me,'” she said.Zupancic said a local contractor working on a house in her neighborhood saw the encounter and tackled the man to the ground and detained him until Cleveland police arrived.When they got there, they arrested Charles Derosett.Derosett is charged with aggravated robbery and felonious assault as well as other charges. He is a convicted felon, previously serving time behind bars for aggravated robbery.Zupancic is still shaken up. But said between her student’s parents, her dogs, her neighbors and random strangers, there’s more heroes in this story than there are villains.“I’m lucky that there’s enough loving people in the world to figure this all out.”This story originally reported by Jessi Schultz on News5Cleveland.com. 2843
COLUMBIA COUNTY, Wisconsin -- Twenty people were hurt when a semi-truck hit a school bus carrying students from a Milwaukee private school Wednesday morning, according to the Wisconsin Department of Transportation.Four of the injuries are serious, the DOT says. The severity of the other injuries is not yet known.The students were from Hope Semper Christian School.The crash happened just after 10:00 a.m. on I-39 northbound, near DeForest, Wisconsin. The DOT says the semi crashed into the school bus, which was parked on the shoulder of the interstate after pulling over due to a mechanical issue.Students who were not injured are being transported to the State Patrol Post in DeForest for reunification with family members.The students were participating in an end-of-year field trip, according to a statement the school posted on Facebook. "While very scary, our staff and students were blessed by urgent first-responders, local medical attention as well as the kindness and generosity of Deforest Public Schools. Please keep our Semper scholars in your prayers for quick recovery and safe travels to reunite with loved ones," the statement read. 1191
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