@article{Bellicini_2022, title={Residential building renovation market, new and old drivers for the construction sector}, url={https://oaj.fupress.net/index.php/techne/article/view/13438}, DOI={10.36253/techne-13438}, abstractNote={<p>According to CRESME estimates in 2021, the value of construction production in Italy was of<br>231.2 billion euros and 174.1 of these, equal to 75.3% of the total amount, are interventions that<br>can be classified as extraordinary (130.2 billion) and ordinary (43.9 billion) maintenance while only<br>24.7% can be ascribed to investments in new buildings.<br>The recovery wave, as CRESME began to call it thirty years ago, became a real tidal wave in<br>2021 and in 2022, and it will be probably the same in 2023. The basic assumptions have been the<br>same for so long, guaranteeing the certainty and the increasing size of the wave: age and antiquity<br>of the building stock; irregular maintenance cycles; energy inefficiency; vulnerability and exposure<br>to seismic and hydrogeological risk. At the same time, the pandemic has brought the house at the<br>centre of the family thinking with a more important role than before.<br>The pandemic has also generated a new economic policy, which for maintenance has meant a<br>new period of incentives with an exceptional, unbalanced effect on the market. The incentives<br>allowed to reduce the price gap between the "micro-demand/micro-offer" model and the<br>industrial one and they changed the game rules by shifting the centre of gravity of a part of the<br>market towards a more complex, formally bureaucratized structure, and financially structured in a<br>new way.</p>}, number={24}, journal={TECHNE - Journal of Technology for Architecture and Environment}, author={Bellicini, Lorenzo}, year={2022}, month={Jul.}, pages={26–32} }