Ken McElroy Show cover image

Where is real estate development headed in 2023...

Ken McElroy Show

00:00

What's Happening in Boise?

The biggest thing that we saw was, you know, lumber costs. Labor prices have kind of stabilized. Now what you're going to see that's going to kind of pull down on that number a little bit is as your interest rate comes up, your cash, well, your NOI is going to go down. Yeah. So Boise historically has been even second, even third tier market. The tertiary markets have been looking down now. We're also seeing people come out of California markets, New York markets, Washington markets wanting to get into Boise.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app