Re:Evergrande has defaulted on its debt, Fitch Ratings says
by jjk166 on Thursday December 09, 2021 @09:24AM
(#29497620)
Brinks and concrete are common materials in Europe due to the lack of abundant lumber. Much of Europe was deforested centuries ago, and what forests remain are generally heavily protected. In North America, there are trees out the wazoo. In the parts of europe that do still have substantial lumber supplies, like Sweden, you see substantially more lumber used in construction.
Lumber is easy to produce, easy to transport, easy to form into structures, has excellent tensile strength and flexibility. It is an ideal construction material. There is a reason even the wealthiest in North America still live in stick frame buildings.
Lumber is easy to produce, easy to transport, easy to form into structures, has excellent tensile strength and flexibility. It is an ideal construction material. There is a reason even the wealthiest in North America still live in stick frame buildings.