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OSHA Announces 2021 Citation Penalty Increase

Construction Junkie

Ever since the Federal Civil Penalties Inflation Adjustment Act Improvements Act was passed by Congress in 2015 , OSHA has been required to increase the maximum penalty they can assess businesses for violations. You can find out more about gravity based penalty amounts on OSHA’s website by clicking or tapping here.

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Housing Costs are the Top Financial Concern for Older Millennials

Pro Builder

Rising housing costs, a scarce supply, lack of new construction, increased debt, and stalled wage growth are just some of the burdens this age bracket faces. According to a study by the PM Group, Millennial budgets are already stretched thin, with the typical Millennial spending 30% of their income on rent in 2015.

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Home Affordability Report Shows Increased Pressure for Affordable Housing

Pro Builder

In the first quarter of 2015, homebuyers on average needed just 18.4% The affordability index is based on the percentage of average wages needed to pay for major expenses on a median-priced home with a 30-year fixed-rate mortgage with a 20% down payment and a 28% maximum “front-end” debt-to-income ratio. Home Affordability Report.

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Millennials Are a Driving Force for the Market's Rebound

Pro Builder

From 2015 to 2019, the amount of Millennial homebuyers jumped by 32%. Rising millennial homeownership challenges years of speculation after the 2007-09 recession that millennials would be stuck renting perpetually, hampered by student-loan debt and wary of the housing market after the foreclosure crisis.

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SoftBank-Backed Construction Technology Startup Katerra Set to Close

Pro Builder

Founded in 2015, the company received $1 billion in funding from SoftBank and was once valued at $4 billion, according to TheRealDeal. That round of funding gave another SoftBank-backed company, Greensill Capital, a 5 percent stake in the company in exchange for erasing more than $400 million in debt. cbroderick.

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Financial Difficulties Drag U.S. Household Formation Down

Pro Builder

First, massive amounts of savings and equity were lost in the 2008 financial collapse and subsequent foreclosure crisis, impacting the ability of both older generations to retire and younger ones to shield their children from substantial college debt.

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What’s a Colloquium?

Natural Building

Most of the video was shot during the last Natural Building Colloquium that I attended at the Black Range Lodge in New Mexico in 2015. You can read an article that I wrote about the 2015 event, with lots of photos here. ” “In October of 2015, I filmed the 20th Natural Building Colloquium in Kingston, New Mexico.