Poor Qulity in the Home Construction Market

Because of the low funding rate, Americans have purchased more houses than ever, but the quality of these large construction homes has declined. Imagine that your house is a victim of fire, so save your first family and lose everything. This is a common example of what happens when house construction is inadequate. Housing contractors ignore safety rules when calculating budget. In the construction industry, time is money and sometimes a sacrifice often occurs when time comes into question.

Employment in the US construction industry is highly dependent on the construction of housing market and new housing. As of October 2012, since January 2008 the number of employees in the construction industry has decreased by 1.94 million. This is because the US real estate bubble reached the peak of employment in the construction industry in the mid 2000s and recently reached the peak of 7 million people between 2005 and 2008. . Between January 2008 and October 2012, the number of unemployed in these two industries was 3.7 million. In terms of scale, the total US net employment from January 2008 to October 2012 decreased by 4.3 million, of which 8.8 million people were unemployed during the period from August 1 to February, then 450 It increased by 10,000 people. Post

Venezuela has been hit by the housing crisis since the mid 2000s of President Chávez. In 2005, the Venezuelan Construction and Chamber of Commerce and Industry (CVC) estimated that six million houses were short and despite investment billions of dollars, the Chávez government still built 120,000 houses It is inside. Due to the shortage, poor Venezuelans are still trying to build their own houses despite structural risks. By 2011, Venezuela suffered from two million housing shortages, after asking Chavez to occupy the "unused land" for the poor, about 20 major development projects were occupied by illegal occupants. As of 2011, Chavez built a total of 500,000 homes, more than two-thirds of new housing development projects were built by private companies and the government provided the same number of houses as the previous government.