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Big construction cost declines are overblown

from The Dallas Morning News via Times Record

Big construction cost declines are overblown The Dallas Morning News via Times Record One predicted benefit of the pandemic has been a decline in construction costs — or at least a halt to big price increases of recent years. The idea makes sense. With thousands of construction projects around the country being delayed or killed because of COVID-19, the costs of material and labor ought to be coming down, right? But while nationwide construction costs appear to have stabilized because of the pandemic, local builders aren’t seeing a huge decline in what they have to pay. READ MORE

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