What this has done, it has redistributed the tax burden. From one residence to another, and from residential to non-residential. Like it or not, that's what it's done.
Quotes about non-residential (8 Quotes)
At first, we need to house survivors in non-residential housing, we need rental properties, or empty apartments.
The way it will likely play out is, they'll start with (rebuilding) infrastructure, to non-residential and then residential.
We have made excellent progress in the structural steel business since we began shipping wide-flange beams in 2002. Recent strength in non-residential construction has led to a record order backlog at Columbia City and has resulted in current production and shipping rates of nearly one million tons per year.
This is the threshold for a more rapid rise in inflation, and, as a result, credit costs. It is also the kickoff to a period of strong investment in both manufacturing and in non-residential buildings and structures.
We're in a happy situation in this country in that non-residential property or commercial construction is set to take over from residential property construction as the main driver of fixed investment in buildings.
The non-residential construction that is related to several capital projects. These large capital works projects will drive growth in New Brunswick through next year.
This marks a real turn around for non-residential construction. I think we will see more real gains in 2005.