Logan Mohtashami on why the construction recession hasn't happened yet
HousingWire Daily
Navigating Construction Challenges
This chapter analyzes the stability of residential construction amidst economic fluctuations, highlighting the current challenges builders face, including rising material costs and high mortgage rates. It contrasts the current market dynamics with past conditions, emphasizing the effects on new home sales, multifamily permit trends, and remodeling activity. Additionally, concerns over potential layoffs and loan defaults in the apartment sector are discussed, offering a cautious outlook for the industry's profitability.
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