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Trends and Challenges in Apartment Construction
This chapter delves into the significant decline in apartment construction starts for 2024, driven by high financing costs and increased vacancy rates in key markets. It also explores the evolving concept of foreign trade zones (FTZs) as local governments seek to bolster their economies and support new manufacturing ventures. Furthermore, the chapter examines how FTZs offer economic advantages to businesses by allowing tariff-free imports, significantly impacting local job creation and revenue generation.
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