The expected construction boom in areas devastated by the March 11 disaster has arrived, but much grumbling is being heard despite the money pouring in from both the public and private sectors. Whispers of a “reconstruction bubble” are spreading in the region. Indeed, construction businesses in disaster-hit prefectures are struggling to keep up with surging demand for work to build new homes, repair damaged ones and remove debris. But the backlog of orders is piling up, leading to long delays in home-building for disaster victims. Read More
