8 winter energy-saving tips for a cozy, efficient home | Explore a new niche when you need to boost your income | Don't hide in your office. Be present for your team
Build trust with your team by being transparent in your communication, acknowledging their concerns, following through on your commitments and giving them a sense of how their work contributes to the overall success of the company, writes leadership coach Marcel Schwantes. "This can be done by communicating how their work, even the most mundane tasks, ties into the company mission, strategy, and end goals," Schwantes notes. Full Story: Inc. (tiered subscription model) (11/25)
Need to get closer to the office drives demand Return-to-work policies are prompting some owners to put their houses on the market as they relocate closer to offices. Seattle agent David Palmer of Redfin has seen an uptick in inquiries from clients who want a home closer to work. Full Story: The Wall Street Journal (11/23)
Developers squeezed by high rates, costs Private developers in Pittsburgh are holding back on construction or slowing down work on existing projects as they grapple with high interest rates and building costs. McCaffery Interests CEO Dan McCaffery notes it's worse nationwide, saying, "It's not a slow down. It's a dead stop." Full Story: Pittsburgh Post-Gazette (tiered subscription model) (11/26)
State building electrification laws could hurt renters California's building electrification laws are meant to reduce emissions and save energy, but could also lead to higher rent and evictions, according to a Strategic Actions for a Just Economy report. In some counties and cities, laws allow landlords to evict renters during renovations, while another law may allow landlords to recover renovation expenses through rent increases when leases are renewed. Full Story: Building Design+Construction (11/21)
Legislation & Regulation
Survey highlights rising financial difficulties A recent survey by the Federal Reserve Bank of New York found 65.8% of households saying they could find $2,000 to cover an unexpected expense in the month ahead. That figure is the lowest since 2013, when the survey was first conducted. The survey also found 17.8% of credit card holders were seeking higher credit limits last month, up from 11.2% in October 2022, while reported average rejection rates were up year over year for credit cards as well as applications to refinance auto and mortgage loans. Full Story: Bloomberg (11/20)
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