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21, Hajia Street, Angwan Kanawa, Sabon Gari, Zaria, Kaduna State, Nigeria
234-0803-4724359
Agriculture, health&alternative medicine, construction
PT. Trimitra Abadiprima
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Pluit Raya 19/A3, ; Jakarta, Jakarta Raya, Indonesia
62 21 6626030
Apparel & fashion, machinery & industrial supplies, agriculture & food, mineral & energy, construction
i/e Global
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21215 N. 92nd Ln., Peoria, Arizona, United States
1-602-7431563
Import / Export, Agriculture, Construction
9401 Thomas Creek Rd, Junction City, Kansas, United States
1 785-761-7603
Construction, Contracting, Excavation
13040 Catalina Dr., Leawood, Kansas, United States
1-913-8149535
Agricultural Equipment, Construction, Machinery

The US home construction boom is excluding a big group of Americans

(collapsable)→
Sat, 22 Jan 2022 05:15:00

US home builders are responding to skyrocketing demand for housing by picking up the pace of construction. New construction for two types of housing—apartment buildings and single-family homes— rose by 13% and 22%, respectively, as builders responded to buyers’ demand for more expansive living arrangements during the pandemic. The latest report (pdf) from the US Census Bureau shows that 1.1 million new single-family homes started construction in 2021, and 460,000 units of apartment housing in 2021.

But the surge in new housing has left one group out in the cold: buyers and renters seeking affordable housing in walkable, semi-urban neighborhoods. This is what housing analysts call the “missing middle:” mid-density rentals and entry-level homes. These buildings, typically priced on the lower end of a given housing market, offer a more affordable housing option to renters and first-time buyers looking to own a home.

The missing middle in housing construction

Medium-density housing are structures like duplexes and triplexes (buildings with two or three units on a single lot) townhouses, condominiums, and some small detached homes. For young households, these models can be an affordable way to purchase a first home. For cities, it’s an effective way to increase the overall housing supply by increasing density in suburban and exurban areas.

Housing scholars define this segment as “missing” because it doesn’t get built in the US nearly as much as single-family homes and large apartment buildings. Federal mortgage company Freddie Mac estimated that only 65,000 new starter homes (defined as less than 1400 square feet) were built in 2020, down from 418,000 units per year in the late 1970s. Census Bureau data shows that new construction for duplexes through quadplexes went down 3% in 2021 from the previous year. And small single-family homes, known as starter homes, have been on the decline over the past half-century.

This gap is pushing up demand among renters and buyers of smaller single-family homes.  More people in the US are looking to buy single-family homes. Millennials, now the largest generational cohort are looking to expand as they start families. At the same time, two years of interest rates that are hovering around 0% (among the lowest rates in five years) has spurred even more demand.

In Nov. 2021, the median price for a new single-family home hit $417,000, compared to $322,000 in 2019. This affects renters as well. People shut out of the housing market remain renters for longer, driving up new rental unit demand. Builders are responding by putting up more multi-family buildings because “missing middle” housing is more difficult to get constructed.

Policy and economics work against medium-density

Economics and policy have conspired to disincentivize the construction of medium-density housing in the US since the creation of many suburbs in the mid 20th century. But the pressure has been even more acute over the past year. “It’s been easier to build at the upper end of the market, and a lot tougher to build on the entry-level end of the market,” says Robert Dietz, chief economist at the National Association of Home Builders.

Smaller homes are becoming less profitable for builders as material and labor costs increase. Instead, builders are erecting larger single-family homes or multi-unit apartment buildings as a way to ensure a better return on their investment.

An even bigger impact are local zoning laws that dictate what housing is allowed. In most cities, single-family zoning expressly prohibits the construction of duplexes, apartments, and townhomes. Such laws have become so common that 75% of residential land in the US was zoned for single-family homes only in 2019. Some places also keep neighborhoods low-density by setting minimums for lot sizes. Larger, standardized lot sizes mean builders construct larger, and ultimately more expensive, homes. “This is the long-run challenge of ineffective zoning that prevents building amidst an inventory crisis,” says Dietz.

But there are signs that this situation may finally be changing. High-density apartment construction is taking off in historically sprawling cities such as Dallas and Houston as the cities attempt to manage a growing population of people that can’t break into the buying market. And several cities and states, like Minneapolis, Oregon, and California have changed their laws to effectively eliminate single-family zoning and allow for greater density.

There is a corner of medium-density housing that is seeing growth: Townhouses, which are categorized as single-family homes in the Census Bureau statistics. These still only make up 12% of the single-family market, but Dietz’ analysis of this sector shows that demand for townhouses is increasing and builders are responding.

The second quarter of 2021 saw the biggest growth of new townhouse construction in 14 years. Dietz says he expects this trend to continue into 2022. Where zoning laws make them possible, townhomes can serve as a way to achieve higher density housing with relatively low building costs.  “Over the coming years,” he says, “I see more gains for townhouse construction as a part of the overall single-family market” provided zoning laws change.

M/s Balkrishna Tyres
Manufacturer
418 / 422, creative Nm Joshi Marg, Lower Parel,, Mumbai, Maharashtra, India
91-22-6666 38 78
Agricultural Tractor Rear & Front Tyres, Farm Radial Tractor Tyres, Otr, Construction, Port Application Tyres
Alvaro Puente
Costa Rica 6509, Montevideo, Montevideo, Uruguay
598-2-6000535
Agriculture, Construction, Decoration, Agriculture & By-product Agents
Konakpur Part-2, Silchar, Assam, India
91-03842-9954732023
Tea, Construction, Floors
Flat No.64-b, Sukhmani Bldg.,683, Bomanji Petit Road,, Mumbai, Maharashtra, India
91-22-23641949
Agricultural Product, Construction
Alchan
Manufacturer, Trading Company
Jongno Gu Naesu Dong, Kwangwhamoon Seedae Building, 1002, Seoul, Seoul, South Korea
82-593-5333
Agricultue, Construction, Gift, Beans
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Trading Company, Buying Office, Agent, Distributor/Wholesaler, Business Service (Transportation, finance, travel, Ads, etc)
19 Arcadia Avenue, Paradise, South Australia, Australia
61-415-643968
Agriculture Products, Garments, Solar Products, Construction, Marketing Products And Information, All Processed Food, Beef, Lamb, Chicken And Goat Halal
American Torque Tool
Manufacturer
945 Emperor Way, ; dillingham, Alaska, United States
1 907 8423673
Patented high torque super impact socket extensions 250-3000ftlbs.3 inches to 6ft+.1/2-3/4 and 1 inch drive. Leading technology. Industrial/farm/machine/construction
veraco
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Kanegemstraat 163, ; Tielt, Belgium
32 51 687390
Agricultural machinery, construction
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4412 Double Oak, ; Fort Worth, Texas, Liberia
001 817 297-0555
Agriculture, beverage, construction
Cemhan Co., Ltd
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Egitim Mah. Poyraz Sok. Sadikoglu Is Merkezi 1 No : 18/34 Kadikoy, ; Istanbul, Turkey, Turkey
90 216 4493425-26
Coal, Urea, Wood, Construction
2452 W Chicago Ave, Chicago, Illinois, United States
1-773-2354111
sport wear,household hardware,construction
OFTEX
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Avda. Jaime I, 29-31 Ent. B1, San Juan De Alicante, Spain, Spain
34--965 651 725
Shoes, Construction, Wine
Focus International
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House-35, Raod-6, Sekertec, Mohammadpur, Dhaka, Dhaka, Bangladesh
880-172-6136559
Apparel & Fashion Agents, Real Estate, Construction
6109 Lorong 6 Taman Damai, Pontian, Johor, Malaysia
+6-019-776 8187
Fruit, Auto Accessories, Car Care Services, Construction
205 Holtzclaw St. Se, Unit F, Atlanta, Georgia, United States
1-404-5211766
Auto parts, construction, home decor
5721 Gulfton Ste 2572, Houston, Texas, United States
832-876-3097
Automotive, Electronics, Construction
Mayur Industries Ltd.
Manufacturer
Behrampur Road, B/h Haryana Raodways Workshop,, Gurgaon, Haryana, India
91-124-5033160
Plastics extruded & co-extruded profiles for automobile, construction, electrical, etc. industries
vanasa
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# 424,7th A, Main, Kalyan Nagar, Bangalore, Karnataka, India
91-80-25422306
Automobile accessories, construction, toys
National Trading Co.
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Shara Siteen, ; Garri, Sudan
249 9364827 735
Construction, car parts, electronics, construction machinery
ACPL BUSINESS SERVICES
Manufacturer
133/77, Mugappair Road, Padi,, Chennai, Tamil Nadu, India
91-44-55327525
Automobile, plastics, construction
prestige pools const. sdn. bhd.
Corporation/Limited Liability Company
Burma Road, Georgetown, Penang, Malaysia
60-4-2267675
Construction, Maintenance, Organic Fruits
Trators World Company Limited
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7b,8b,8f Dagon Tower, Bahan Township, ; Yangon, Yangon, Myanmar
95 01 558224
Industrial, marine machinery, construction, ATV
GJM import
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Melin Caiach House, ; Mid Glamorgn, United Kingdom
44 01443 410041
Electrial, construction, auto accessories
Ckon Impex
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132, Laxmi Plaza, Laxmi Indl. Estate, Andheri(W), Mumbai, ; Mumbai, Maharashtra, India
91 22 56973896
Rice, automobile, autoparts, cycle parts, textiles, construction, granite
11 King George Ct, ; O'fallon, Missouri, United States
1 314 4224729
Construction, Motorsports, Real Estate
Yazar Seating Systems
Manufacturer
Sakarya 1. Org. San. Bol.1 Nolu Yol No : 27/A Pk.54060 Hanli-adapazari/Turkey, ; Sakarya, Turkey
90 264 2915090
Seat, seating systems, tractor, forklift, construction, machinery
Unideco
Distributor/Wholesaler
Panamericana Norte Km.5.5 Junto A Parques Del Recuerdo, ; Quito, Pichincha, Ecuador
593 2 2476830
Agriculture, Construction, Transport
Jl. Karya Timur Dalam 10, Malang, Propinsi Jawa Timur, Indonesia
62-0341-7090674
Agriculture, construction, design
4596 / 7-Mahabir House, 11-Darya Ganj, Ansari Road, New Delhi 110002. India, New Delhi, Delhi, India
91-11-65093308
Construction / Earthmoving Equipment, Industrial Machinery, Industrial Project, Hydraulic Equipment, Industrial Components, Automotive Components
InnoVenture GmbH
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Rautenweg 9, ; Maria Rain, Austria
43 676 843835500
Construction, interior design
big sea maldives
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Bruzumagu, Male', Male, Maldives
960-7708610-7771993
Export import, tourisum and travel, construction
Dikmen Cad No:201/7 Dikmen, ; Ankara, Turkey
90 312 480 28 00
Trade Representative, Counsulting Agenct, Intermediatry, Textile, Minerals, Food products, Hygiene and Health products, Construction, Import, Export, Tourism
Jalan Tegal Parang Utara No.41, ; Mampang Prapatan, Jakarta Raya, Indonesia
62 21 79196226
Manpower from Indonesia to work in hotel, maritime, construction, oil and gas, nurse, housemaid, homecare, nanny, manufacture, garment and plantation and fishery
TEEVEESS ENTERPRISES
Trading Company
Mezhuveli Po , ; Chengannur, Kerala, India
91 468 2257676
Detergent, electric/electronic items, gas lighter, incense stick, garments handicrafts, money transfer, tiles& sanitory, real estate, construction
25 Boardwalk Place, London, United Kingdom
44-207-5153848
Consultancy, Agricultural, Construction, Agency Trading
No 397 Pricision Plaza Teynapet, ; Chennai, Tamil Nadu, India
91 044 24331671-72-75
Construction, packaging, b p o
Askom
Trading Company
Mecidiyekoy, ; Istanbul, Turkey
90 212 2722208
Contracting, construction, organization, consulting and trading operations in Turkey, Russia, Ukraine
Emrod Consulting
Trading Company
Cameliei 39 Sector 1, Bucharest, Romania
40-21-3121219
Consultancy, construction, agriculture
HARRY HOUSE
Manufacturer, Trading Company
1-Mulawin St. , Amparo Subd. Novaliches, Caloocan City, Metro Manila, Ncr, Philippines
63-02-9398829
Consultancy, Construction, Trading,
P. O. Box 31, Fatehpur-212601, ; Fatehpur-212601, Uttar Pradesh, India
91 5180 222604/605
Agriculture, chemical, computer, related projects, construction, electronics, communications, energy, entertainment
ESI Xiamen Representative Office
Distributor/Wholesaler
Jinsheng Plaza, ; Xiamen, Fujian, China (Mainland)
86 592 8810891
Construction, building, international sales, american import
Nilandics
Distributor/Wholesaler
P. O. Box 1807, Lynnwood, Washington, United States
1-425-9183695
Steel, Office Supply, Fitness, Industrial, Construction, General Trade Agents
TRADELINK AFRICA
Trading Company
97 Dolphin Coast, ; Durban, Natal-south Africa, South Africa
27 31 4097642
Trade-import/export, general engineering, marine repairs and yachtfabricators, construction, propertysales.
Costa De Jesus, Services And Business Management, Eni.
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Rua Miradouro De Alfazina 19/1dto, Almada, Almada - Portugal, Portugal
351-21-0312179
Technologies, Computers, Telecom, Business Management, Construction, Real Estate,
Paragon Commercial
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West 12th Avenue, ; Canada, Canada
1 604 739-0781
Metals, Recyclable Goods, Marine Transportation, Construction, Consumer Goods.
TS Service Pro. Inc.
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486 NW. 165st. Rd. Ste# B301, Miami, Florida, United States
1-954-609-4699
Japanese Car, Construction, Electronic
TROPIC MARCHE
Distributor/Wholesaler
9 Rue Daguerre, Rosny Sous Bois, France
33-9-54091924
Business, Africa Product, Trading. Machinery, Developpement, Agricultural Production, Wealth, Ecommerce, Distribution, Construction, Bois, Conseil, Food, Finance, L
612 B-8, GD ITL Towers, Netaji Subhash Place, Pitam Pura, ; Delhi, Delhi, India
91 11 52474752
We are a leading manpower agency based in Delhi approved by Government of India, providing specialised services to almost all industries as IT, construction, Hospitality, etc.
Gundlach I.C.S.A.
R. Ortiz Esq F. Zuazo Ed. Gundlach T. Este Piso 11, La Paz, Bolivia
591-2-2334815
Representations, Construction
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Trading Company
Sovetskaya 65, Bishkek, Kyrgyzstan
+996-502-533433
Gypsum, Construction,
Jengan Est.
Distributor/Wholesaler
Airport Road, Dubai, Dubai, United Arab Emirates
971-4-2833110
Construction, Agricultural, Industrial
SANWA ENTERPRISES PVT LTD
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24, Dehiwala Road, Boralesgamuwa, Colombo, Sri Lanka
94-11-5546546
Commission Agent, Supplayer, Construction
A A Doors Inc.
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410 Miller Ave, Englewood, New Jersey, United States
1-201-2270607
Machinery, Solar, Construction, Building Facilities
Soney FM LLC
Agent
16306 Doune Ct., Tampa, Florida, United States
1-727-420-4796
Engineering, Construction, Technical
JWAHAR AL DARRA GEN TRDNG & CONT CO
Trading Company
Abbasiya, Jleeb Al Shoykh, Kuwait, Kuwait
965--4338789
Manpower, construction, chemicals
AGX Imports ltd.
Buying Office
757 Bevier Rd., New Brunswick, New Jersey, United States
1-732-9326364
Agriculture, Sanitary Goods, Construction
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Plot 40 Bukoto Street-kamwokya, Kampala, Uganda
256-712-618093
Education service,Construction
best international business co
Trading Company
Street Mohamed 5 P. O. Box B31 Bloc B Belvedere Center. Tunis. Ie, ; Tunis, Tunis, Tunisia
216 71 28 16 65
Cereals, paper, sugar, tea, construction, cement, tomato paste
Mulakuzha, ; chengannur, Kerala, India
91 479 2467118
Foriegn investment, construction, export-import, travel& tourism, manpower consultancy, banking
14A Rumuadaolu /Rumuola Road, ; Port Harcourt, Rivers State, Nigeria
234 80 55483957,
Engineering, construction, procurment, enviromental management, and general industrial services
AUGUSTA HOLDING COMPANY LTD
Trading Company
No 4, G1 Road, Opposite College Of Medicine, Ihumudumu, ; Ekpoma, Edo, Nigeria
234 803 0936972
Construction, agricultural products, real estate management, textiles, commercial services etc
Pinus Raya Blok E No. 258, ; TANGERANG, Banten, Indonesia
62 21 70832023
art designing, interior design, construction, shoes, plastic waste, steam coal
Expomont Nitra, S.r.o.
Manufacturer
Kasalova 35, ; Nitra, Slovakia, Slovakia (Slovak Republic)
00421 37 7412248
Complete exhibitory and convention service: Booth designing, construction, dismantling, transportation, furniture and other equipment, graphics and other decoration, counselling service, etc.
Infodex Trading Ltd.
Bedreddin Demirel CAD., ; Nicosia, Cyprus
90 392 2283850
Consultancy, Customer Services, Buy & Sell, Construction, Electronics and related fields
Matani Manpower Ltd.
Agent
Hayarkon St., ; Tel Aviv, Israel
972 3 6883294
Caregiver, Hotel, Construction, Aqricuture
ankarases
Agent
Selanik 52/18, ; Ankara, Turkey
90 312 4686172
Gifts & crafts, health & beauty, construction, textiles & leather
3802 S. Tyler St., ; Tacoma, Washington, United States
1- 253 861-0635
Construction, management, engineering
Bay Insaat
Trading Company
Mahmutlar, ; Antalya, Turkey
90 242 5283394
Agent, construction, trade
Devon Trading
Trading Company
1100 First Avenue, ; King of Prussia, Pennsylvania, United States
1 610 7574210
Construction.
Movira Corp
Trading Company
C-3 / 3119, Vasant Kunj, ; NEW DELHI, Delhi, India
91 931 3450600
Construction, building materials, architecture
TERA GRUP A.S.
Distributor/Wholesaler
Konyaalti Cad. Bahcelievler Mah. Urcu Apt. 42/11, ; Antalya, Turkey
90 242 2440752
Agriculture, construction
ADVANTA INC.
Distributor/Wholesaler
50 Austin Avenue Suite 222, ; Hayward, California, United States
1 510 785 - 3350
Crude oil, gas oil, jet fuel, shoes, clothes, construction, precious metals
Centaur Nominees Pty Ltd
Trading Company
2 Carruthers Court, ; Melbourne , Victoria, Australia
61 03 9630 7862
Mining, construction, chemicals, process equipment, used plants, machinery
AMC International, Inc, USA
Corporation/Limited Liability Company
864 S Robertson Blvd, Los Angeles, California, United States
1-310-6525620
Crude Oil, Construction, Paint Products
Plot 11, Block 13, Tokunboh Adesanya Close, Off Road 37, Lekki Phase I Lagos, Lagos, Lagos, Nigeria
234-803-4355574
Consultancy, Construction, Real Estate
Panchwati, ; Ahmedabad, Gujarat, India
91 79 26562838
Dyestuff, intermediates, speciality chemicals, construction, plastics, finance, food processing
Bangna-Trad Rd., Bangkok, Thailand
66-02-7468735
Chemical, Construction
EGM Construction Corp Ltd
Corporation/Limited Liability Company
Punjabludhiana2400 / 843, Krishana Nagar OPP Aarti Cinema Ferozpur Road Ludhiana, Delhi, Delhi, India
91-101-2467930
Construction, Steel, Hardware
Yeni Parseller Mevkii Cumhuriyet Caddesi Gercekler Sitesi B. Blok Kat : 7 Kavacik/Beykoz, ; Istanbul, Turkey
90 216 4254030
Raw materials, resin, additive, pigment, impact modifiers, hot melt, rubber plastic, paint, construction, polyester
Teko Trading International (Pty) Ltd
Trading Company
871, Voortrekker Road, ; Maitland, Cape Town, Western Cape, South Africa
27 21 5937331
Chemical raw materials in paints & coatings, rubber, printing inks, medical, construction
mercudi trading inc.
Trading Company
1515 Princeton St, Mandaluyong, Metromanila, Philippines
63-917-8860020
Fuel, construction
Keppel Sea Scan Pte Lte
31, Shipyard Road, Singapore
65--6262 6140
Marine,Crude Oil, construction
14 Egbunike Cresent, ; enugu, enugu state, Nigeria
234 8037018351
Real estate jobs, brokers in crude oil, construction
Warden House,1st Floor, Sir P. M. Road, Fort,, ; Mumbai, Maharashtra, India
91 22 22872295
Fine pigment paste(pigmentdispersions )for paints, inks, textile, construction, paper, detergents etc.
Systech Consulting Srl
Agent
7th Burdujeni Street, Bl. B2, Sc. A, Ap.16, Sector 3, Bucharest, Romania
40-21-6443356
Petroleum & products, construction, financial consultancy
Bit House, Hopton Timber Estate, Hopton, Suffolk, United Kingdom
44-1502-733220
biofuel production,construction,fuel oil
Dredge Resources Limited
Trading Company
7 Old Cemetry Road Onitsha, ; Onitsha, Eastern Region/Anambra State, Nigeria
234 46 219508
Energy and engineering services/trading agents/construction/real estate projects
Auchtel Products Ltd.
Manufacturer
142/C Victor House, Lower Parel(W), ; Mumbai, Maharashtra, India
91 22 24933975
Ion exchange resins, auxilliary for paper, paint, leather, chemicals for paper, paint, leather, textile, construction
OSTOCOM DIENSTLEISTUNG & HANDELSAGENTUR - OSTOVARY MEHRDAD
Trading Company, Distributor/Wholesaler
Albanbergweg 4, Trahuetten, Austria
43-664-4226620
Computer, Plants, Industrie, Industrial, Machines, CNG, Power, Construction
Advance Investment USA
Trading Company
8370 West Flagler St. Suite: 145, Miami, Florida, United States
1-305-228-0070
Computer Hardware, Construction, Real Estate
N6 -373, Jayadev Vihar, Nayapalli, ; Bhubaneswar, Orissa, India
91 674 2360573
Web designing, web application services. Readily available software product to manage restaurant, construction, trading, inventory & proceurement, accounts & payroll.
Life Trade
Partnership
Free Zone Area, Cairo, Egypt, Egypt
20-2-29704578
Scrap, Oil Service, Construction, Garments
Millway Kft.
Trading Company, Distributor/Wholesaler
Pal U.7, Budapest, Hungary
36-20-9942561
Real Estate, Construction, Energy Sources, Product Distribution, Hardware Components, Alcohol & Tobacco, Antique Furniture, Medical Products
3rd Floor, Gopal Complex, Kutchery Road, Ranchi, Jharkhand, India
91-651-2210053
Retailing, Marketing, Construction
MADAF Trading And Cntracting
Professional Association
Malik Abdul Aziz, Exit 5, Al Riyadh, North, Saudi Arabia
00966-1-2912255
Power Generators, Telecom, Construction