Are Construction Costs Killing Real Estate ?

In today's environment, there are numerous obstacles to new commercial real estate development opportunities. These include escalating borrowing rates, stricter banking regulations, increasing insurance costs, and geopolitical risks, among others. Additionally, a significant constraint to development is the rising cost of construction. Key building materials like concrete and structural steel have gone up by 55% and 53% respectively since Q1 2020 We have a massive skilled trades shortage, for example only 455 skilled trades came in out of 500k new immigrants Solutions for investors  If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to [email protected] Sign up for our Course  Course Sign up for the  Newsletter Meetups  Meetups Merch  merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.