Dear Readers,

You may already have a trust, but it's very important to understand that once you make a trust, the job is only half done. For your trust to work as advertised, it must be funded with your assets. Today's column is about doing just that. As a rule of thumb, everything goes into the trust, with a few exceptions.

First, keep your day-to-day checking account outside of the trust and add your successor trustee to the title of the account as a joint owner. If you are married, keep the account in both of your names and wait to add someone to the account when either of you starts slowing down. You know, when you no longer read your mail, pay your bills, and read this column.

If you do not like the idea of adding someone to your checking account, then maybe you need to reconsider whether or not that person should be named as successor trustee. If you can't trust someone now, don't you dare trust that person when your incapacitated or dead.

Second, don't bother transferring into the trust your automobiles and boats registered with the DMV, or modular homes registered with the Department of Housing. They do not count against the $166,250 limit that triggers a requirement for probate administration in California, so there is no real need to do this. These assets can be collected 40 days or more after your death using DMV Form REG-5 or a Small Estate Declaration under Probate Code section 13101.

Third, and perhaps most importantly, you cannot transfer to your trust retirement accounts such as IRA's, 401(k)'s, 457(b)'s and the like. These are tax-deferred or tax-exempt retirement accounts. Transferring one to a trust means cashing it in and paying all that income tax. In addition, you probably should not name your trust as a retirement account beneficiary unless your lawyer advises you to do so. Instead, name your children or other beneficiaries directly, unless you have a minor or disabled beneficiary who should not or cannot have direct access to the money upon your death.

Incidentally, life insurance and annuities can go either way. You can name the trust as beneficiary, or name beneficiaries directly. Sometimes it's good for them to pay into your trust, to give the trustee more liquid cash while consolidating and selling those of your assets that will be sold.

Other than that, everything should be in the trust. Your lawyer should prepare and record deeds conveying your California real properties into the trust. The rest is up to you. Most lawyers provide their clients with a fancy three-ring binder with the law firm's name emblazoned in big letters (We do this too). Use that binder as a tool. When you visit your bank or broker to fund your trust, take the trust binder with you. It should have everything you need, and financial institutions are well aware of how to title accounts in a trust, although they will abbreviate the name of the trust. It's OK. They know what they are doing.

If you do all of this, and fund your trust correctly, then when you pass your successor trustee will have an easier job to do, and it will save your family money.

Len Tillem and Rosie McNichol are elder law attorneys. Contact them at Tillem McNichol & Brown, 846 Broadway, Sonoma, CA 95476, by phone at (707) 996-4505, or on the internet at http://www.lentillem.com.

Read the original here:
Creating A Trust Is Only Half The Battle, It Needs To Be Supplemented - Insurance News Net

The typical trappings of opera are incompatible with life during a pandemic. But for the new Boston-based company Helios Opera, which delights in smashing the usual confines of the genre, there have only been opportunities for innovation if not under ideal circumstances.

Helioss Modular Opera Project, which launched this summer, provided artists with audiovisual training and other support necessary to perform from their homes or other safe venues. Now, with the multimedia song cycle Stardust, Helios is proving that modular doesnt necessarily mean modest. The digital production premiered in December and is now online at productions.heliosopera.com.

With dreamlike music by New York City composer Felix Jarrar and a fantastical libretto by London-based poet B.L. Foxley, the visual extravagance of the final filmed version of Stardust belies its microbudget. Filmed entirely on smartphones, soprano Victoria Davis takes the spotlight in a journey through mythological archetypes and haunting multi-hued split-screen images. The mind behind these striking tableaux was director John de los Santos, whom the Globe reached at home in New York City to talk about taking a medium designed for big stages and making it play nicely on miniature screens.

Q. What happened to your daily life when COVID hit?

A. Basically I just spend more time in front of my computer. Since COVID has been going on Ive been lucky because Im also a librettist, and thats mostly what Ive been doing. Ive written and directed two pieces now for digital consumption, and also just caught up on a lot of libretto work. The funny thing is even though I Zoom for most of the day I still have a hard time figuring it out.

Q. To you, what makes for a compelling production or performance in the digital space?

A. I think there are a number of things. If you think about music videos, ever since the 80s, theyre little dramas, even if its just footage of a band playing on stage. The music video format really opened up a whole new world of interpretation where the visual narrative did not have to tie in completely with the lyrical narrative. I think thats what I really wanted to achieve here where I didnt want to make this a literal interpretation of the poetry, but to create something that tied in with some of the same themes and the authors intent ... but that [also] was a completely different visual direction. And also we were dealing with a small budget, a very small amount of time, and COVID. But I always try to make limitations into challenges that enhance the work.

Q. The piece was shot entirely on smartphones; were you present for that?

A. It was just myself, my assistant lighting designer Keith Browning, and our singer, Victoria Davis. We all got tested. We rented a room in New York City and met there with some lights and some really inexpensive material from Michaels, and got our phones out and shot it. Victoria was amazing, with a great knowledge of the piece and just so open to everything. We developed a rapport. There wasnt a lot of time to Hi, how are you? It was just Hey, heres the idea, lets get it going. But we had a lot of fun, and we laughed through our masks as much as we could.

Q. Besides music videos, what else influenced the staging?

A. A couple things. The first inspiration that I really had was Andy Warhols Chelsea Girls, a film from the 60s. It was two screens simultaneously that had nothing to do with each other. [Another inspiration was] the painter Francis Bacon, who did a series of triptych portraits. And in addition, the idea of Zoom, the idea of how were all imprisoned in these boxes.

But yeah, one of the main things was the Greek myth of the Moirai, or the fates. When I was reading the poetry at the beginning, I noticed that B.L. had many references to myths and fantasy in the poems. The poems were not written to be performed together; Felix took those three poems of hers and decided to set them to music, but there was no common thread. So I thought: What about contemporary myths? Each one of the three had a contemporary myth that I used as a visual starting point. To me, the best song cycles have some kind of a through line, whether its musical or narrative. And I had to really figure out a way to make that work visually as well.

Q. When youre only meeting a select few collaborators in person and doing the rest over Zoom, how do you create a connection with your creative team?

A. Honestly, I do it over the phone. Ive always been a phone person anyway; call me old-fashioned. Theres always this pressure on Zoom to have the right lighting and to clean your room and everything. Whereas Im just interested in the voice and the conversation. Thats actually why I was glad that we were doing this conversation over the phone rather than Zoom, because we can talk and get to the root of what we wanted to deal with rather than having to perform, which is what Zoom kind of dictates. Even if its just your friends, youre like oh, God, my room is a mess, or my hair looks terrible. For me, phone conversations have been a great way to check in with artists and talk about the future because we have to look to the future to keep the juices flowing, and to remind ourselves why were in this business.

A.Z. Madonna can be reached at az.madonna@globe.com. Follow her on Twitter @knitandlisten. Madonnas work is supported by the Rubin Institute for Music Criticism, San Francisco Conservatory of Music, and Ann and Gordon Getty Foundation.

Here is the original post:
What it takes to build a modular opera - The Boston Globe

Safe travel, but with commerce impacts

Dear Editor:

The MHABC represents the interests of the manufactured and modular housing industry in B.C. Our members sell, construct and transport these homes throughout the province.

We reference the article RDOS grills transportation official (Herald,Dec. 18) and the comments in that article pertaining to the installation of no-post rails. While the MHABC will always take the position that safety must be the paramount priority on all highways in B.C., our members are becoming concerned about the increasing preponderance of installation of these barriers on many B.C. highways.

These concerns arise because the installation of no-post rails also narrows the width of the highway lanes. This narrowing severely impacts the transport of wide loads. While our association focusses on the transport of homes, there are also many industry sectors that also transport wider loads.

The MHABC has asked the Ministry of Transportation and Infrastructure to take into consideration the impacts of the broad-based installation of these barriers on commercial transport towards finding a balance between ensuring safe travel on B.C. highways and the impacts upon commerce.

Gord Rattray, Executive Director

Signed on behalf of the MHABC

Pitt Meadows

Disgraced Mountie now plays the victim

Dear Editor:

Former Mountie jailed after Dziekanski taser death settlement,(Herald,Jan. 16).

Imagine, this murder took place in 2007, now 14 years later and more tears from a guilty cop who is alive after killing an innocent man.

If the Mounties were consistent in their training, I ask why in H did they fabricate such an untrue story as to what happened ? Training failed to mention a possible candid camera may have the guilty in their sights.

The only thing consistent in the justice system is the amount of BS they tread in, when it comes to the untouchables.

Poor Kwesi Millington has suffered post- traumatic stress disorder, depression, anxiety, nervous shock, career advancement and other injuries

Welcome to the club Kwesi. I suffered a complete loss of childhood, growing up alone dealing with most of what you believe you have.

The difference in my case I was a child that nobody to this day gives a damn about, so I made a life on my own.

I also had peace officer status for many years with no bang-bang attached to my hip as I dealt with some of the worst individuals that Canada had to offer.

Its one helluva way for saying the Mountie always get their man, should add one way or another.

Tom Isherwood

Olalla

What the right-wing bubble truly believes

Dear Editor:

On Jan. 15, the Heralds Letter of the Day was John Thompsons latest bile-dump.

In it, he accuses the CBC of being in league with the Liberal minority government. He decries the CBCs slavish adherence to the norms of political correctness; of subliminal messaging of Liberal values (my favourite).

And he gleefully reminds us that the hated Liberals only got 33.1% of the vote.

He probably cant help himself. Im sure his inbox is full of hateful messages from Michele Rempel and Erin OToole every day. But still

Full disclosure: I worked for CBC News and Current Affairs for 21 years, through the governments of Trudeau Sr., Mulroney, Chretien, Martin and Harper. See the pattern? Liberal followed by Conservative followed by Liberal, etc..?

Never during my employment were we ever asked, ordered or urged to be sympathetic to any governments policies or actions. In fact, the opposite was true; we were hyper-conscious of fairness and balance and expressly forbidden to express political opinions or allow personal bias into our writing or reporting..

I gather Mr. Thompson feels deprived because the CBC does not air daily updates on the Trumpist doings of Erin OToole (I love that hes now the friend of working people.) But remember the 10 years Harper was in power (though he never topped 40% vote share)? When he was present on every newscast?

Does Mr. Thompson really believe the CBC would embrace the government in power knowing that in a few short years the opposition would inevitably come in seeking revenge?

The answer is yes. Thats what the right-wing bubble truly believes, along with the mistaken idea that Justin Trudeau is the root of all evil.

BobNicholson

Penticton

Question everything and learn something

Dear Editor:

With so much information at our fingertips we have become expert skimmers. What is that doing to us? It is steadily and methodically transforming the character of our culture?

Our current society has evolved into a culture of instant information and gratification. We are bombarded with a vast number of messages daily via social media, the news, television, and even flashing billboard signs aimed at gratifying our senses.

We listen with unshakeable faith to the fatuous patter of carefully-trained and indoctrinated guides who have bogus statistics and mindless slogans endlessly intoned in them. Malcolm Muggeridge, English journalist

It involves effort, a lot of effort to question and to challenge what we read or are being told when we are so easily distracted by entertainments or diverted by consumerism.

Consider this, why do we vest all our beliefs in a single person or governing body? When we do, arent we creating a climate which amplifies and exaggerates that individuals or groups understanding of their authority?

How often in history have we seen this new-found authority lead to a greater concentration of power? It never seems to work out well for the general populace. Without any kind of objective or just reporting these governing bodies, in their greed and ambition, flood the world with untrue or incorrect assertions, blaming a crisis on a few isolated fools to provide an explanation of why such extreme measures have been necessary.

Doesnt that make them misleaders?

We have been lulled into complacency rather than being challenged. We tend to get swept up in the moment because we want easy answers. And, as we are creatures of habit, we allow these habits to take hold. Where has our independence, individuality, and integrity gone? Patience and persistence seem to have become a lost art.

Shouldnt we be thinking more, reading more, learning more, teaching our children not only to read, but to question what they are reading and for that matter to question everything? Why do we continue to accept everything at face value?

We seem to forget how to form our own opinions. Euripides, an ancient Greek philosopher said:Question everything, learn something. Shouldnt we?

Mary-Anne MacDonald

Summerland

Is there racism in our medical system?

Dear Editor:

This letter is addressed to everyone, but especially those in the medical community.

I would like to share with you an incident in my life, then ask you all a question.

Back in the 1970s, I was in my hometown of Edmonton on days off from my job as a chef on a survey boat. I started feeling really sick. I was too sick to drive so I asked a friend to take me to my doctors office. I do not remember every moment, but I do remember laying on his table and him palpating my abdomen and saying, Can you get to the hospital? I am going to call ahead.

My friend drove me to the hospital. What sticks in my memory is that upon arrival, they took me right to an operating room and removed my appendix, which was about to burst. Without that operation, I probably would not be writing this.

My question is this. If I were not white, even back then, would I have received the same lifesaving treatment? Today, if a Black or First Nation person presented themselves to an office or emergency ward would they receive the same treatment as me?

I have heard too many stories to the contrary and I am imploring all those in the health-care field to search their hearts and minds to see where they fit. There is no room for racism in our society.

Do not judge a patient by their colour or appearance. Do your job, treat the person with all your ability.

Gary Kuse

Penticton

Misinformation remark was misinformation

Dear Editor:

I must disagree with some recent comments by Blake Laven, Pentictons director of development services.

Laven believes there is a lot of misinformation being circulated amongst locals. A 76-page citizen-authored report on this development proposal was issued to the City of Penticton (including Laven) on Nov. 1.

Other than a curt, we are looking at it from the City, there has been no communication that the report contains misinformation. Perhaps Laven could be called upon to elaborate on that.

Laven offers that this property is one of the few remaining sites where hillside development would be allowed, and that it is not fair to say that (this development) would lead to unfettered development throughout the rest of the hillsides.

I would remind Laven that I, and most others, do not oppose development of the site under its existing zoning as country residential which would permit only approximately 40 to 50 houses being constructed compared to the 324 in the current proposal.

I was at meeting with Canadian Horizons representative Nathan Hildebrand, where I requested that he provide assurances that CH would not attempt to develop any properties further to the north. He refused to give meeting attendees this assurance.

Ironically, two such properties are currently for sale, with advertising that alludes to future subdivision development.

Laven refers to the area as being important to satisfy our housing needs. Interestingly, the development was originally proposed to satisfy the Citys needs for affordable housing. This reference is nonsensical, and even Canadian Horizons has now recognized this and refers to attainable housing a weak attempt to obfuscate that the proposed homes wont be affordable to approximately 80% of Pentictons residents.

Laven projects hefty returns for Penticton; however, it is likely those perceived benefits could be negated by additional infrastructure and maintenance costs associated with this development. Also, have financial risks similar to the lawsuits that followed recent development projects near Naramata been considered? Will Penticton residents pay the piper while Canadian Horizons enjoys hefty returns?

Looming traffic concerns exist, as Laven concedes. Health and environmental concerns also accompany this proposal. The enthusiasm with which he welcomes this project should be balanced with an assessment of all relevant factors in his next media interview.

Ian Hornby-Smith

Penticton

Have racoons scared our skunks away?

Dear Editor:

Skunks. Where have they gone? We had regular visits through our backyard 15 years ago. The smell was so strong and distinct.

Yesterday, I awoke to a scritch, scritch, scritch sound in the backyard. A large racoon in the early light was prowling on the frozen surface of the pool, probably looking for a drink. Maybe the racoons have chased the skunks from the neighbourhood.

Come to think of it, I still can smell the skunks, occasionally, usually on Friday or Saturday evening.

And it depends on the wind direction.

Glenn Noble-Hearle

Penticton

Biden, Democrats will destroy economy

Dear Editor:

So the alternative to Trump isnt even in office yet and hes already showing his disdain towards Canada by announcing that one of his first official acts will be to kill the Keystone XL pipeline.

Typical leftist Democrat maneuvering, destroying jobs on both sides of the border on a $7 billion project thats more than 50% completed. Many contributors to this section including the actual Editor continue to suffer the severe effects of TDS (Trump Derangement Syndrome) by showing how uneducated they really are.

Trump is what he is, but he was alway pro- business, pro-jobs. Now the cognitively impaired geriatric will show everyone how to destroy whats left of a struggling economy in the middle of a pandemic by shutting it down. Disgusting!

Our illustrious leader Justin Trudeau already called Joe Biden and congratulated him on winning the election and apparently old Joe forgot that he told Justin not to worry, Keystone is safe with me.

Yeah right. Its okay though, with all the money printing going on in the U.S., pretty good chance Biden is being set up as the fall guy for a real good ole fashioned financial, economic, health and political hurricane crisis.

Good luck America! Youll need it with the Democrats in power.

Dan Bitor

Penticton

Off AirForce One into Crowbar Towers

Dear Editor:

Unknowingly, Donald Trump is to initiate his own transfer of presidential power by stepping off Air Force One and into the peoples paddywagon and guested in Trump Crowbar Towers.

Joe Schwarz

Penticton

Did PM screw up on vaccine rollout?

Dear Editor:

U.S. President-Elect Joe Biden is increasing vaccination rate to 100 million over next 100 days. Canada will receive less vaccine. Why? Did our prime minister screw up?

Visit link:
Letters to the Editor: Tuesday, January 19, 2021 | Opinion - pentictonherald.ca

AUGUSTA As city officials are considering whether to relax zoning standards for the Riggs Brook Village district, the Augusta Planning Board has approved a couples proposal to put a mobile home there.

George and Rachel Jones had long planned to put a retirement home on a 3 1/2-acre lot in the district that will be deeded to them by family.

George Jones told the Planning Board on Tuesday his family had been preparing the lot for about two decades, including building a road.

When George Jones found it would cost $200,000 to have a home constructed on the site, he and Rachel Jones instead opted to have a mobile home placed on a concrete slab there. In addition to the construction cost, George Jones said there is extensive ledge on the property that would make it difficult to build a foundation for a traditional home.

But the couples plans hit a roadblock when they learned zoning standards for the Riggs Brook Village district were more restrictive than in other parts of Augusta. One of those standards prohibits mobile homes from being installed in that zoning district.

This is a home, a beautiful home, all certified by the state of Maine. Its made for us. Its what we want, George Jones said during the Planning Boards Zoom meeting. This is something that me, my wife and our family have been working on for years.

Jones and city officials said mobile homes are now built to set standards. Jones also noted his mobile home will be built in Maine and be able to withstand Maine winters.

I think this piece of property looks fairly unique, and thats one reason I feel fairly comfortable approving this, said Cathy Cobb, a member of the Planning Board. I cant see any other use for this property.

(George Jones) said there was ledge there, which is a contributing factor to the type of house hed like to have up there. If this is the only way to develop the property because of the ledge, I think he should have the opportunity to use it.

Board members voted unanimously to approve a contract zone with the Joneses, allowing them to put their mobile home at their planned site. They also waived another requirement of the zoning district, that all electric lines to properties there be placed underground.

The couples property will be about 1,400 feet from the road, officials noted, so no one other than the couple and visitors to their home will even see the mobile home. Nor will anyone see any electrical equipment, other than one pole where their private road will meet the public Church Hill Road.

Some officials said the city ought to reconsider treating mobile homes differently than those built on site. The citys zoning ordinance currently allows single-family residences in multiple zones where mobile homes are not OKd.

City Planner Betsy Poulin said a workshop could be held to discuss the issue and whether mobile and modular homes need be listed as distinct land uses.

Planning Board member Delaine Nye said the city regulates mobile homes differently than stick-built houses for a reason.

Typically, they dont hold up over time as well as a stick-built home, in my opinion, Nye said, adding city officials took the time to review areas of the city where a mobile home is more properly placed.

They were restricted to those areas for good reason, Nye said.

Among the reasons she cited were mobile homes tend to decline in value as they age and they can have a negative impact on property values for neighboring traditional homes.

Nye expressed concern the city could be setting precedent by allowing a mobile home in the Riggs Brook Village district, but voted in favor of the proposal, saying she was doing so with reservations.

The contract zoning agreement will still need City Council approval. The pact could go to the City Council for discussion at its Jan. 28 meeting, Poulin said.

The Riggs Brook Village zoning district was created in 2001 in anticipation of a wave of development following the installation of the Cushnoc Crossing Bridge across the Kennebec River. At that time, officials established stricter zoning standards there to encourage high-end, quality development and protect the rural vistas on the Route 3 gateway into Augusta.

But that development never came, officials believe, because of a lack of public sewer and water lines in the area. So in 2014, the city lightened the restrictions, hoping to spur development.

This year, city councilors have asked whether additional changes could be considered.

Poulin said Tuesday potential developers have expressed concern about required building setbacks of 80 feet from the road, that electrical connections be underground and limits on parking between buildings and the road.

David Smith, chairman of the Planning Board when the Riggs Brook Village project came to Augusta, said it could use some minor improvement, but urged the board not to abandon the citys hopes for the district.

He said those who created the standards wanted to avoid sprawl, protect the rural vistas, prevent excessive development and commercial signs and encourage the concept of a village being developed within the city.

Smith said the district worked as planned, noting a few businesses have been built there and complied with the standards. He said the area is not blighting and arriving from the east on Route 3 is visually pleasant.

The Planning Board expects to continue discussing potential changes at upcoming meetings.

Nye cautioned the board about making significant changes until the citys recently revised comprehensive plan is approved, to avoid adopting anything that would conflict with the goals in that document.

Invalid username/password.

Please check your email to confirm and complete your registration.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.

Previous

Next

Here is the original post:
Augusta approves mobile home in zoning district where they are banned - Kennebec Journal and Morning Sentinel

Sydney Kurle | Dec 29, 2020

The Washington State Department of Commerce (Commerce) announced today they will invest $97 million in affordable housing projects. With a combination of federal and state funding, the states Housing Trust Fund grants and loans will create and preserve 1,685 units of housing statewide for low-income households, people experiencing homelessness, and others in need.

Get the latest state-specific policy intelligence for the health care sector delivered to your inbox.

Stable and affordable housing is a foundation for health and well-being and financial stability. However, a Harvard study reports that in 2020 nearly half of all US renters were paying more than 30% of their income in rent, and nearly a third paying more than half. This trend has held true in Washington as its estimated by Commerce that even before the pandemic 129,000 Washingtonians were at risk of homelessness due to a lack of affordable housing.

Washingtons affordable housing crisis has deepened with the economic blows of the pandemic, said Governor Jay Inslee. These important investments, serving thousands of Washingtonians, represent tremendous collaboration between our states Housing Trust Fund, other federal, state and local agencies, along with private business and charitable organizations, to bring every available resource to bear in addressing this growing need throughout our state.

The $97 million will help fund an estimated 1,404 multifamily rental units, 121 homes for first time home buyers, 86 units of modular housing, and 74 units in cottage-style communities. The $97 million breaks down into $85.3 million of funding coming from the states Housing Trust Fund, with $11.7 million provided through the U.S. Department of Housing and Urban Development (HUD) HOME and National Housing Trust Fund programs.

One project granted funds will provide 361 units of affordable housing in rural areas of Washington. Funds were also granted to a program that will provide 168 units of dedicated housing to people with chronic mental illness and who need permanent supportive housing.

Equity in community development is one of our top priorities, said Commerce Director Lisa Brown. The pandemic is being experienced very differently throughout our state, with more families struggling to find and keep affordable housing, many for the first time.

The Department of Commerce says theyre also focused on projects for communities that are disproportionately likely to experience housing instability. As such, they have funded a project by Sacred Medicine House in King County, serving urban indigenous people who make up an estimated 15% of the homeless population in the community but represent just 1% of the population. This project will create 120 units of affordable housing.

Another project that is focused on equity is a project by Elizabeth Thomas Homes, which will create affordable housing for working families in a south Seattle community where 82% of residents identify as people of color. Seattle has a history of rising rents and gentrification and this project hopes to allow families to not be priced out of their communities.

This record-setting annual investment from the Housing Trust Fund is targeted to strengthen community capacity all over the state and maximize financial impact. Every state dollar invested will leverage $5 on average from other public and private funding sources, Brown noted.

Since its creation in 1986, Washingtons Housing Trust Fund has invested $1.3 billion to help build and preserve 55,000 units of affordable housing across the state.

Read more:
Department of Commerce invests $97 million in affordable housing projects - State of Reform - State of Reform

Market Research Future (MRFR) asserts that themodular construction market2020 can reach a size of USD 154.8 Million by 2023-end. MRFR also expects the market to procure a growth rate of 5.95% between 2015 and 2023 (assessment period). We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.

COVID-19 Analysis

The COVID-19 impact analysis by MRFR suggests that the pandemic has triggered a short-term and long-term impact on the construction industry. While countries are struggling to find a COVID-19 breakthrough to contain the spread of the novel coronavirus, a number of construction sites have been closed off with construction projects now on hold. Also, various hard-hit regions have suspended almost all the construction activities, and the projects that are continuing can observe delays on account of the collapsing supply chains that have affected the supply of raw materials. Contingency schemes along with government backing are being offered to ensure a smooth run for various aspects of the construction industry, which includes the modular construction market.

Get Free Sample [emailprotected]https://www.marketresearchfuture.com/sample_request/1682

Going forward, the COVID-19 outbreak has managed to boost the value of AI and IoT, for building modular buildings across the globe. Modular buildings are being designed in such a way so that IoT devices can be easily integrated, which produce massive amounts of data and can use that data to optimize the modular building. This has worked in favor of the services as well as business models in the lockdown period, which is particularly beneficial for the ageing population; especially post SARS-CoV-2.

For More details:https://constructionmarketresearchnews.blogspot.com/2020/10/modular-construction-market-projected.html

Primary Inducers and Main Restraints

In May 2020, P McVey Mobile Buildings supplied close to 40 modular buildings to various hospitals in Enniskillen (Ireland) during the COVID-19 crisis. The facilities provided by the company include temporary buildings for storage, sleeping, toilets and showers as well as additional offices. The COVID-19 impact has been so profound that facilities for health service staff has become inadequate, which drives the need for new modular infrastructure. In light of such a situation, various companies are looking for opportunities that can benefit people in need and the market as well.

The growth of the modular construction market is also stimulated by the widespread demand for low-priced housing combined with the rising investments in the development of commercial and healthcare infrastructure. The global market can also be bolstered by the renewed appetite of the building and construction industry for better efficiency, workplace safety and productivity and the need to reduce the cost as well as time while building structures.

Market Segmentation

Material, construction, product and application are the main segments based on which the market study has been performed in the report.

The materials listed are concrete, steel, plastic, wood, and others. The market is dominated by the concrete segment, having seized the largest share of 33.70% in 2016, and value of USD 35.1 Million. The segment can also expand at the highest expansion rate of 7.19% over the coming years. The demand for concrete is quite high as it offers excellent stability and strength to modular buildings and is therefore, a common material generally used in modular construction.

Construction-wise market review comprises re-locatable modular concrete and commercial permanent modular.

The products assessed in the market study are roofs & floors, walls, columns & beams and more. Since roof and floors are one of the most essential aspects of modular construction, the segment clinched the top spot in 2016 with a share of 41.00% and held a valuation of USD 42.6 Million. It is also projected to obtain the fastest CAGR of 6.69% between 2015 and 2023.

The applications of modular construction include residential, industrial and commercial. Residential was in the lead with the highest share of 47.00% in the year 2016, and was valued at USD 48.9 Million. It is the fastest expanding segment in the global market, thanks to the expanding worldwide population as well as urbanization.

Regional Insight

APAC or Asia Pacific, North America, the Middle East and Africa or MEA and Europe are the top markets for modular construction considered in the analysis by MRFR.

APAC is at the top of its game, having claimed the largest share of 46.30% and holding a value of USD 48.2 million in 2016. The rapid surge in industrialization, rising number of urbanized people and the increasing financial status are some of the prime growth boosters in the regional market. China ranks among the top markets in the region, backed by the government backed policies that aim to exempt sales tax for ordinary housing and reduce the down payment on second house loans. The growth in sustainable and eco-friendly construction along with strong government support also foster the growth of the market in the region.

In 2016, the second most profitable market belonged to North America, with a share of 27.6% and value of USD 28.7 million. The modular construction market here is vastly fortified by the increasing prevalence of green building construction and high spending on commercial real estate. The U.S. happens to be the highest gaining market in the region, as a result of the exceptional growth of the construction industry and the rapid advancements in residential and commercial structures.

As one of the strongest contenders in the global market, Europe is all set to earn a growth rate of 4.90% in the approaching years. Frequent modification of existing buildings, mounting concerns with regard to the environment and the surging interest in affordable and energy saving construction are some of the main factors backing the regional market growth.

Notable Competitors

Notable competitors in the worldwide market for modular construction are L&T (India), ACS Group (Spain), Komatsu Ltd (Japan), Kiewit Corporation (U.S.), Skanska AB (Sweden), Taisei Corporation (Japan), System House R & C Co. Ltd (Japan), Balfour Beatty Plc. (U.K.), Bouygues Construction (France), Red Sea Housing Services (Saudi Arabia), to name a few.

Also Read:https://marketresearchnews774828036.wordpress.com/2020/10/27/modular-construction-market-subjected-to-expand-moderately-by-2023/

Latest News

May 2020

With the reopening of the construction sites along with the Urban Splash modular factory, Urban Splash has successfully supplied close to ten modular homes in Birmingham in a matter of four days.

FOR MORE DETAILS:https://www.marketresearchfuture.com/reports/modular-construction-market-1682

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

https://farmingsector.co.uk/

Visit link:
Modular Construction Market Subjected to Expand Moderately by 2023 - Farming Sector

The Global Multifamily Modular and Prefabricated Housing Construction Market provides up-to-date information on current and future industry trends, enabling readers to identify products and services to increase revenue growth and profitability. This research report provides in-depth study of all key factors affecting global and regional markets, including drivers, imprisonment, threats, challenges, opportunities and industry-specific trends. This report cites worldwide trust and specimens with leading players downstream and upstream analysis.

Request Sample Copy of this Report@: https://www.theresearchinsights.com/request_sample.php?id=269437

This market research report on analyzes the growth prospects for the key vendors operating in this market space including Guerdon Modular Buildings,ATCO,Laing O?Rourke,Red Sea International Company,VINCI Construction Grands Projets,Bouygues Construction,Skanska AB,KLEUSBERG GmbH & Co. KG,Algeco,Katerra,Lendlease Corporation,Blokable, Inc.,ConXtech, Inc.,Cover Construction (Ross) Ltd.,nHouse Ltd.,Connect Homes,Blu Homes, Inc.,PopUp House,Cube Haus,Kiss House,Plant Prefab,Inc.,Blokable,Revolution Precrafted Properties Limited

Technological advancements in the Multifamily Modular and Prefabricated Housing Construction Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period. In addition to the complete assessment of the market, the report presents Future trend, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry validated market data.

Asia Pacific is the most advanced market for Multifamily Modular and Prefabricated Housing Construction. This growth is largely driven by factors such as population perspective improvement and increased awareness. In addition, Latin Americas value-based healthcare services market will expand to a significant CAGR. Brazil and Mexico are leading the value-based health care services market in the region because of the favorable businesses that governments are promoting. Moreover, as research and development develops, market growth in Latin America will accelerate.

Get Reasonable Discount on this Premium Report @: https://www.theresearchinsights.com/ask_for_discount.php?id=269437

Key questions answered in the report include:

This report provides an effective business outlook, different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porters Five model have been used for analyzing the Global Multifamily Modular and Prefabricated Housing Construction Market on the basis of strengths, challenges and Global opportunities in front of the businesses.

Enquiry Before Buying@ https://www.theresearchinsights.com/enquiry_before_buying.php?id=269437

*If you need anything more than these then let us know and we will prepare the report according to your requirement.

About us:

The Research Insights A global leader in analytics, research and advisory that can assist you to renovate your business and modify your approach. With us, you will learn to take decisions intrepidly. We make sense of drawbacks, opportunities, circumstances, estimations and information using our experienced skills and verified methodologies. Our research reports will give you an exceptional experience of innovative solutions and outcomes. We have effectively steered businesses all over the world with our market research reports and are outstandingly positioned to lead digital transformations. Thus, we craft greater value for clients by presenting advanced opportunities in the global market.

Contact us:

Robin

Sales manager

Contact number: +91-996-067-0000

sales@theresearchinsights.com

https://www.theresearchinsights.com

View original post here:
Big Boom in Multifamily Modular and Prefabricated Housing Construction Market over 2020-2027 with Top Vendors Like ATCO, Skanska AB, Algeco, Katerra,...

If youve been living with roommates during the pandemic, 2020 might have felt like you were already living in a tiny house, just one you shared with other people you may have come to not like as much. Maybe you began to seriously fantasize about living in a tiny house on your own. The experience isnt always as idyllic as tiny-house shows portray it. But if 200 square feet may not be the ideal amount of living space for everyone, its still true that smaller homes are a viable part of the solution for the challenges of affordable housing and homelessness. Here are a few of the ways that the field advanced this year.

In March, just outside Austin, giant 3D printers squirted out a concrete-like mixture to form the walls of six tiny homes in a small community designed for people who used to be chronically homeless. Icon, the company that designed the technology, is also working with a nonprofit to build a 3D-printed neighborhood for people living in extreme poverty in Mexico. (These houses are roomier than many tiny homes, at 500 square feet.) Ultimately, Icon projects that the tech could cut costs in half and make the homes twice as fast to build as standard construction. Mighty Buildings, another startup, created an innovative process that makes it possible to 3D print more of the shell of a tiny home, including the roof.

While an increasing number of cities allow homeowners to build tiny homes in backyards or convert garages, a handful of cities are taking the next step: allowing people to legally live in tiny homes on wheels. The wheeled version is far cheaper than building on a foundation, making the houses more accessible to more people; a standard ADU (accessible dwelling unit) in some cities can cost $250,000 to build, while a tiny house on wheels can cost as little as $50,000. Because the homes can easily fit in existing backyards, its a simple and quick way to add more housing in areas where a low supply of apartments has driven up rent. San Jose, California, is one of the latest cities to write a new ordinance allowing the homes. In one program in the city, students who are struggling with homelessness are learning how to build the homes themselves and then living in them.

As designers and entrepreneurs focus more on the challenge of affordable housing, the number of new solutions continues to grow, both in innovative business models and in the designs of homes themselves. Some companies are working on making accessory dwelling units more affordable, such as United Dwelling, an L.A.-based startup that converts garages into apartments for free, and then splits rent with the homeowner. Oby, a new worker-owned coop in the Bay Area, signs contracts with homeowners to rent out backyards in 99-year leases, creating new backyard cottages that will be permanently affordable for low-income workers.

[Photo: Connect Homes]Many architects are redesigning tiny dwellings for people experiencing homelessness or for use in disaster relief. A company called Connect Homes, for example, builds tiny modular shelters in factories, designed to be affordable and easy to deliver on the back of a truck.Like other tiny homes, they can stand in as emergency housing until permanent supportive housing is built. One website that launched this year, the Rapid Shelter Innovation Showcase, includes dozens of other recent designs for emergency shelters, including Boxabl, a 375-square-foot prefab house designed to unfold when it arrives on a site. As COVID-19s economic impact continues to put more Americans at risk of losing housingor in need of cheaper housingtiny houses are likely to continue to grow as part of the solution.

Original post:
How the idea of the tiny house evolved in 2020 - Fast Company

Modular homes are prefabricated buildings or houses that consist of repeated sections called modules. Modular is a construction method that involves constructing sections away from the building site, then delivering them to the intended site. Installation of the prefabricated sections is completed on site.

As per the report, theGlobal Modular Homes Industry Marketis anticipated to witness significant growth during the forecast period from 2020to 2025.

The report provides brief summary and detailed insights of the market by collecting data from the industry experts and several prevalent in the market. Besides this, the report offers a detailed analysis of geographical areas and describes the competitive scenario to assist investor, prominent players, and new entrants to obtain a major share of the global Modular Homes market.

Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market.

Request a sample of this premium research:https://www.bigmarketresearch.com/request-sample/4098477?utm_source=MC&utm_medium=Rajashree

The report presents a summary of each market segment such as type, end-user, applications, and region. With the help of pie charts, graphs, comparison tables, and progress charts a complete overview of the market share, size, and revenue, and growth patterns areaccessible in the report.

Additionally, an outline of each market segments such as end user, product type, application, and region are offered in the report.The market across various regions is analyzed in the report which includes North America, Europe, Asia-Pacific, and LAMEA.The report explains future trends and growth opportunities in every region. These insights help in understanding the global trends in the market and form strategies to be implemented in the future. Moreover, the research report profiles some of the leading companies in the global Modular Homes industry. It mentions their strategic initiatives and offers a brief about their business. Some of the players profiled in the global Modular Homes market include:

Key players in the Modular Homes covers :Sam Dam Construction CompanyThree SinhaWinmo (Pvt.) LtdNuwani Construction (Pvt) Ltd.Buffalo Building SolutionsKarmodOlinco Engineering (Pvt) LtdELS GroupAmano construction (Pvt) LtdLAUGFS Holdings

Analysts have also stated the research and development activities of these companies and provided complete information about their existing products and services. Additionally, the report offers a superior view over different factors driving or constraining the development of the market.

The Modular Homes can be split based on product types, major applications, and important countries as follows:

The basis of applications, the Modular Homes from 2015 to 2025 covers:999 sq ft Floor1000 sq ft 1499 sq ft Floor1500 sq ft 1999 sq ft Floor2000 sq ft 2499 sq ft FloorMore than 2500 sq ft Floor

The basis of types, the Modular Homes from 2015 to 2025 is primarily split into:RanchCape CodTwo-story HomesCabin/Chalet

Flat 10% Discount on this Research Report @: https://www.bigmarketresearch.com/checkout/sales/29285%5BUse code ORG129RK]

The report clearly shows that the Modular Homes industry has achieved remarkable progress since 2025 with numerous significant developments boosting the growth of the market. This report is prepared based on a detailed assessment of the industry by experts. To conclude, stakeholders, investors, product managers, marketing executives, and other experts in search of factual data on supply, demand, and future predictions would find the report valuable.

The report constitutes:Chapter 1 provides an overview of Modular Homes market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of Modular Homes market by type, application, and region are also presented in this chapter.Chapter 2 is about the market landscape and major players. It provides competitive situation and market concentration status along with the basic information of these players.Chapter 3 provides a full-scale analysis of major players in Modular Homes industry. The basic information, as well as the profiles, applications and specifications of products market performance along with Business Overview are offered.Chapter 4 gives a worldwide view of Modular Homes market. It includes production, market share revenue, price, and the growth rate by type.Chapter 5 focuses on the application of Modular Homes, by analyzing the consumption and its growth rate of each application.Chapter 6 is about production, consumption, export, and import of Modular Homes in each region.Chapter 7 pays attention to the production, revenue, price and gross margin of Modular Homes in markets of different regions. The analysis on production, revenue, price and gross margin of the global market is covered in this part.Chapter 8 concentrates on manufacturing analysis, including key raw material analysis, cost structure analysis and process analysis, making up a comprehensive analysis of manufacturing cost.Chapter 9 introduces the industrial chain of Modular Homes. Industrial chain analysis, raw material sources and downstream buyers are analyzed in this chapter.Chapter 10 provides clear insights into market dynamics.Chapter 11 prospects the whole Modular Homes market, including the global production and revenue forecast, regional forecast. It also foresees the Modular Homes market by type and application.Chapter 12 concludes the research findings and refines all the highlights of the study.Chapter 13 introduces the research methodology and sources of research data for your understanding.

Years considered for this report:Historical Years: 2015-2019Base Year: 2019Estimated Year: 2020Forecast Period: 2020-2025

You may also like our other trending report:

Semiconductor Packaging And Assembly EquipmentMarket

https://www.mccourier.com/semiconductor-packaging-and-assembly-equipment-market-size-business-planning-innovation-to-see-modest-growth-through-2025/

About Us:

Big Market Research has a range of research reports from various domains across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

Contact us:Mr. Abhishek Paliwal5933 NE Win Sivers Drive, #205, Portland,OR 97220 United StatesDirect: +1-971-202-1575Toll Free: +1-800-910-6452E-mail:help@bigmarketresearch.com

Read more:
Modular Homes Market: Drivers, Restraints, Opportunities, and Threats 2020-2025 - The Courier

A new report added by Big Market Research claims that the globalModular Construction marketgrowth is set to reach newer heights during the forecast period,2018-2025.

This report is meticulous research formulated by market professionals by deeply analyzing key driving and restraining factors, major regional market situations, major players, and size & scope of the market. The report also offers value chain analysis, Porters Five Forces model, and PEST analysis. Furthermore, the competitive landscape in different regions is elucidated in the report to assist top market players, new entrants, and investors determine investment opportunities.

Request for a sample copy of this report @https://www.bigmarketresearch.com/request-sample/2843619?utm_source=SHASHI&utm_medium=SZL

The report also explains the factors boosting the market growth. The major drivers of the Modular Construction market are:

Laing Orourke, Red Sea Housing, Atco, Bouygues Construction, Vinci, Skanska AB, Algeco Scotsman, Kleusberg GmbH & Co. Kg, Kef Katerra, Lendlease Corporation, Cimc Modular Building Systems Holding, Modular Space Corporation, Dubox, Kwikspace Modular Buildings, Guerdon Enterprises LLC, Alta-Fab Structures, Westchester Modular Homes, Wernick Group, Fleetwood Australia, NRB Inc. and so on.

In addition, the research report provides a comprehensive analysis of the key segments of the Modular Construction market. An outline of each market segment such as type, application, and region are also provided in the report.

On the basis of region, the market is evaluated across:

North America (U.S., Canada, Mexico, etc.)

Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)

Europe (Germany, UK, France, Italy, Russia, Spain, etc.)

Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)

South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)

The report outlines company profiles, product specifications and capacity, production value, and 2018-2025 market shares of key players active in the market. Moreover, the research presents the performance and recent developments of the foremost players functioning in the market. The insights delivered in the report are valuable for individuals or companies interested in investing in the Modular Construction industry. These insights might help market players in devising effective business strategies and taking the required steps to obtain a leadership position in the industry.

Shareholders, stakeholders, product managers, marketing officials, investors, and other professionals in search of detailed data on supply, demand, and future predictions of the Modular Construction market would find the report beneficial. Furthermore, we endeavor to deliver a customized report to fulfill the special requirements of our clients, on-demand.

Research Objective

To analyze and forecast the market size of global Modular Construction market.

To classify and forecast global Modular Construction market based on product, sources, application.

To identify drivers and challenges for global Modular Construction market.

To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in global Modular Construction market.

To conduct pricing analysis for global Modular Construction market.

To identify and analyze the profile of leading players operating in global Modular Construction market.

The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:

Manufacturers of Modular Construction

Raw material suppliers

Market research and consulting firms

Government bodies such as regulating authorities and policy makers

Organizations, forums and alliances related to Modular Construction

Highlights following key factors:

:- Business description A detailed description of the companys operations and business divisions.:- Corporate strategy Analysts summarization of the companys business strategy.:- SWOT Analysis A detailed analysis of the companys strengths, weakness, opportunities and threats.:- Company history Progression of key events associated with the company.:- Major products and services A list of major products, services and brands of the company.:- Key competitors A list of key competitors to the company.:- Important locations and subsidiaries A list and contact details of key locations and subsidiaries of the company.:- Detailed financial ratios for the past five years The latest financial ratios derived from the annual financial statements published by the company with 5 years history.

Avail the Discount on this Report @https://www.bigmarketresearch.com/request-for-discount/2843619?utm_source=SHASHI&utm_medium=SZL

Table of Contents

Chapter 1. Executive Summary

Chapter 2. Global Modular Construction Market Definition and Scope

Chapter 3. Global Modular Construction Market Dynamics

Chapter 4. Global Modular Construction Market: Industry Analysis

Chapter 5. Global Modular Construction Market, by Method

Chapter 6. Global Modular Construction Market, by Style

Chapter 7. Global Modular Construction Market, by Application

Chapter 8. Global Modular Construction Market, Regional Analysis

Chapter 9. Competitive Intelligence

Chapter 10. Research Process

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers in one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact Us:

Mr. Abhishek Paliwal

5933 NE Win Sivers Drive, #205, Portland,

OR 97220 United States

Call answer Direct:+1-971-202-1575

Call answer Toll-Free:+1-800-910-6452

Emailhelp@bigmarketresearch.com

See the original post:
Modular Construction Market Report 2018-2025 | Proficient Analysis of Key Players, Types, Future Prospects Details for Business Rate - SpinazzolaLive