Florida had a mishmash of local construction standards before Andrew destroyed neighborhoods south of Miami but imposed statewide regulations afterward and did much better in the storms of 2004-05, he said.
The properties posing the most promise among safe-haven investors: highly unique, irreplaceable structures (whether due to construction costs or building regulations) on coveted swaths of land in desirable internationally recognized locales like New York, Miami, San Francisco, and Los Angeles.
Although demand for LED technology was growing globally, we found that market potential in Russia was next to zero because out-dated sanitary regulations and construction codes prohibited the installation of LED lighting in houses, offices and other places of residence.
But the word around the industry is that oil companies would just as soon keep taking chances on occasional hurricane damage rather than take on the hurdles of exorbitant costs and regulations that accompany new construction.
Football Foundation regulations forbid clubs to receive any more than 80% of the total funding for a construction project but it has been established the payment eventually covered the entire cost.
Better regulations are needed on things like well construction and wastewater management, particularly in states without a recent history of natural gas production.