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Category: Apartments, Industry News, Multifamily Tags: affordability, Apartments, construction, Development, Multifamily

Due to numerous market factors, the real estate development industry is struggling to deliver new multifamily product in an affordable price range while at the same time being profitable. Developers have long blamed the high cost of labor and construction prices as the impediment to supply, and now they point to uncertainty around tariffs and new rent reforms.
For a breakdown on the factors affecting the increasing costs of construction, click the link below.

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