Natural disasters: How to account for the cost of rebuilding

Article Abstract:

The destruction caused by Hurricane Andrew in South Florida in 1992 has made housing construction cost accounting difficult for builders. High demand for labour and materials in the region has led to shortages, which have increased the cost of building new houses or rebuilding damaged ones. Damaged houses will have to be rebuilt following stricter building laws, which will also drive up costs. Builders also have the problem of liability for homes damaged by the hurricane, as some homeowners may try to claim against them.

Social aspects, Residential construction, Finance, Buildings, Remodeling and renovation, House construction, Hurricane Andrew, 1992

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Design winners provide gold mine of ideas

Article Abstract:

Kaufman and Broad has won the Detached (small lot) Home award for its new house at California Skyline based in Perria, CA, in the Gold Nugget competition. The $108,990 house covers 1,412 sq ft of a 4,000 sq ft lot. Kaufman and Broad wanted to avoid the box-shaped design aimed at first-time buyers. The award-winning house features a porch across the whole front of the house.

Achievements and awards, Kaufman and Broad S.A.

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