By Mark GlynnAssociated PressIn this Sept. 25, 2018, file photo, a car is driven through a lot of asphalt paving in New York City.
In the U.S. capital, the price of asphalt is rising as a major part of the economy is on the rise as demand continues to grow for paving.
(AP Photo/Charles Rex Arbogast)In a city where pavement is scarce, this is a problem for the owners of home asphalt paving machine shops.
They say the increased demand for the asphalt paving material is making it more expensive for them to operate.
The number of new homes in the U, where there are nearly 1 million of them, is expected to double in the next 30 years, according to the National Association of Homebuilders.
It’s expected to grow from about 4 million homes to more than 12 million by 2035.
New York City is home to the second-most home paving machines in the nation.
The industry is booming in New Jersey and Connecticut, where construction is growing faster than the rest of the U., which accounts for nearly half of the nation’s new construction.
Paving has been a key industry in New England since the 1800s, when builders would plant and dig up land for new houses.
But the process became a lot more complicated in the 1960s and 1970s as the country industrialized.
Pavement was once a simple process to cut concrete, sand and asphalt and then mix the products into a smooth, flat surface.
It became more complex when it was put in concrete for sidewalks and parking garages.
In the 1970s, a major overhaul of the asphalt industry led to a massive influx of new machines.
The equipment grew in number and the price for the machines plummeted.
In New York, where the cost of the machines has increased more than 50% since the 1990s, many owners have found it difficult to keep up with the demand.
In 2017, the average cost of an asphalt paving saw an 18% jump from $1,700 to $4,400.
The price for a new car went up to $19,000.
In New York state, there are 1,973 new residential and commercial properties that are covered with asphalt paving.
That includes 571,000 homes and 871,400 residential and retail properties.
About 80% of those properties are for low-income and lower-income families, according the Department of Housing and Urban Development.
The industry employs about 9,700 people and employs 1.4 million people, according U.N. data.
New York’s Metropolitan Planning Organization estimates there are more than 7.5 million people living in New Yorkers who own or lease some type of paving equipment.