Construction site theft drives up housing prices
“It’s just too easy. I mean you can see how much material is around this site. We can’t simply lock this up every day,” Mark Parsons, regional vice-president with Monarch Construction Limited told CBC News. “That material just sits there, so it’s very vulnerable.”
The police, the insurance industry and the builders say workers on the site are doing most of the thefts. But there are professional thieves as well, who are attacted by low risk and potentially high dividends. The problem stretches across the country and police say there is not a lot they can do. Building materials vanish quickly into a black market driven largely by tax dodging middle class people who pay cash for renovations and don’t ask too many questions.
Conservative estimates put the loss nationally at around $220 million, but others peg the losses closer to a billion dollars. Whatever security measures are put in place, industry experts say the site remains a leaky and vulnerable place. And they don’t see that changing any time soon.
Recent News On Construction and Job-site Thefts
More than Classic, less than Epic – Apple’s iPhone 8 and X reveal and … Crickets.
“It is the biggest leap forward since the original iPhone.” – Apple CEO Tim Cook
It’s that time of year again when we finally get to see all of Apple’s shiny new toys and grow our lists of cool new stuff we somehow need to buy. This time, however, the presentation just seemed to fall short and I can’t exactly say why.
Online viewers who arrived early to the 1:00 EST streaming event held by Apple were greeted by an intro video which took us for a quick tour of the absolutely stunning Steve Jobs Theater, located just across […]