A simple reason it’s getting harder to build rental housing
A simple reason it’s getting harder to build rental housing
The pandemic, tariffs, and the war in Iran are just a few of the factors spiking construction material costs.
[Photo: birdiegal/Adobe Stock]
Rental housing construction is slowing down in the United States. The cost of common construction materials is a big reason why.
According to a new report from the Joint Center for Housing Studies of Harvard University, construction material costs have skyrocketed in recent years, adding to a wide range of conditions that are slowing the production of rental housing.
The report, “America’s Rental Housing 2026,”........
