“It’s going to be at least 12 to 18 months before we see any sort of materials provide response,” he mentioned. “That’s setting a new economic worth that needs to be achieved in order for these new buildings to return out of the bottom.” “What is making it more difficult is the rising price of land, coupled with rising development prices and rising labour costs. “It is a troublesome one since you need to find a way to steadiness affordability for folks as nicely, it isn’t just wanting at the bottom line of our enterprise.”
Many sellers may resolve not …