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#299 - Artem Tepler - Co-Founder @ SCHON | TEPLER Partners - Developing Real Estate and Living the American Dream

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The Impact of COVID on the Multifamily Development Market

When COVID hit, it was everyone was worked for home and I don't actually believe the city employees were working from home. So you couldn't get everything used to come in. Construction costs went up probably 30% kind of during CO VID. And when you got basically fully completed buildings that you're paying interest on and lately the interest went up, it's paying.

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