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Community Impact of New Construction

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发表于 2022-9-22 11:36:31 | 显示全部楼层 |阅读模式
Construction projects are more than just building houses, roads and commercial buildings. Anyone who has been woken up at 6am by the sound of a jackhammer or had to take a detour because the road was closed for maintenance knows that construction has indisputably affected the community. As with most things in life, the impact isn't just black and white. It is in a grey area, which means it has both positive and negative impacts on the entire community.
  
Assessing impacts is the first step in moving forward with Customer Phone Numbers Data a construction project. Once you do, you can combine strategies to positively impact the entire community. positive economic benefits Economics plays an important role in most decisions, including construction. Builders often claim that new construction creates an economic boom, but is this true? According to the National Association of Home Builders , it does . In a recent report, the association said the one-year economic impact of building 100 single-family homes with an average price of $378,000 is astronomical. The 100 homes generated an estimated $28.7 million in local revenue, $3.6 million in local government revenue, and 394 jobs in the local community.

The local economy also enjoys recurring income after building these homes. They are expected to generate $4.1 million in local revenue and $1 million in government revenue annually, while creating 69 new jobs for the local community. The economic benefits don't stop there. Business owners make more money, so more money is available for local wages and salaries. While the study was based on 100 single-family homes, the benefits of condos are as well. Plus, you don't need to build 100 properties to enjoy the financial benefits. They will be smaller in size, but the local community will still appreciate them.

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