Real Estate & Construction News Round-Up (10/12/22) ā€“ the IIJA, Cybersecurity, and the Housing Market

This weekā€™s round-up features how industries tangentially related to the housing market could be affected by its downturn, how the Biden Administrationā€™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 IIJAā€™s many projects, but states and cities face worker shortages. (Dan Zukowski,Ā 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,Ā The Hill)
  • A recent whitepaper between JLLā€™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 UKā€™s first 3D printed homes. (Paul Hanaphy,Ā 3D Printing Industry)
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