3min chapter

Moody's Talks - Inside Economics cover image

New Construction and Niche-y Nerds

Moody's Talks - Inside Economics

CHAPTER

The Year Multifamily Construction Peaked in 1985

In 1985 was the peak year for new office construction. Each subsequent cyclical peak has been lower and lower, says Clay Boudreaux. The change or that lack of declining demand for office space has been going on for decades. "It's important to remember that these are evolving markets," he adds.

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