As anyone who’s been involved in any construction during the last couple of years can attest, it’s not cheap to build right now, and it doesn’t look like that’s going to end.
Not that it’s ever been, but prices have skyrocketed since COVID hit. According to government figures, construction costs rose by 17.5% between 2020 and 2021, the largest year-to-year spike since 1970.
There’s no question the pandemic played into this. But those who deal…
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