https://eyeonhousing.org/2022/04/high-building-materials-prices-erode-preference-for-new-construction/ National Association of Home Builders Discusses Economics and Housing Policy Thu, 27 Jun 2024 19:02:29 +0000 hourly 1 https://eyeonhousing.org/2022/04/high-building-materials-prices-erode-preference-for-new-construction/#comment-1932992 Thu, 21 Apr 2022 14:14:23 +0000 https://eyeonhousing.org/?p=31697#comment-1932992 In my market, Redding, CA, the cost of materials, coupled with the cost of permits and time to process is putting a huge demand on established housing, and pushing everyone on the lower rungs of the ladder off. Add to that investors buying SFR homes and holding them for long term rentals has made it even worse. Rents are at all time highs and the demand far outpaces supply. Unless the powers that be cut some of the regulations and time frames, I don’t see this getting better.

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