
CEA - The State of the AEC Industry with Mark Oakeson
The Civil Engineering Academy Podcast
00:00
Navigating Challenges in Construction Industry
In this chapter, industry professionals convene to discuss the hurdles faced by construction companies, focusing on the imbalance between privately and publicly funded projects. The impact of high interest rates, inflation, and reduced profit margins on housing development projects is highlighted, with a glimmer of hope stemming from potential interest rate decreases and the use of tax incentives to spur development.
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