Quote:
Originally Posted by Skyguy_7
“Development is slowing due to rising construction costs, tougher affordable housing regulations and worries about rising property taxes, said Ron DeVries, senior managing director in Integra’s Chicago office”
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Rising costs will probably result in projects being spaced out more, which isn't bad if one wants to avoid a bubble. I'm hoping that's why I've seen slowdowns on suburban projects. That there's just a shortage of crews, not a shortage of funding.
For regulations and taxes, good luck with that. Keep building I guess.