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Can the Construction Industry Survive High Interest Rates? Strategies for Contractors
Manage episode 416857989 series 3549667
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The ProfitDig guys break out into an economics discussion regarding interest rates. How are rising interest rates affecting the construction industry? How are they affecting new home construction? Home loan applications are at their lowest rate since 1995. A recent home building rebound likely reflects permits approved many months ago. Can the construction industry survive while rates remain high? What should a contractor do? Listen in!
From ProfitDig - make more money in 2024 with ProfitDig! The world's easiest to use construction job bidding and costing solution. Visit https://www.profitdig.com now.
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