
Producers feel the pinch
Marketplace
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Refinery Challenges and Rental Market Shifts
This chapter navigates the complexities within the U.S. refinery business, focusing on California's struggles compared to the Midwest and Gulf Coast's favorable conditions. It highlights the growing demand for refined products in Latin America and discusses recent legislative changes affecting New York City's rental market, including the implications for both landlords and tenants. Insights from a senior economist reveal that although initial rent spikes occurred, the market is stabilizing as adjustments take place post-legislation.
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