Investors are repeatedly weighing if rentals are a great hedge against inflation. As reported everywhere, inflation is spiraling out of control. In Februry 2022, the CPI is 8% higher than it was a year ago - in February 2021. This makes inflation at it's highest rate in 40 years. Investors...
Tag: inflation
Miami Construction Costs Soaring As Land, Materials, Labor Prices Surge
Despite supply chain issues and increases to the cost of labor, land and building materials, local contractors say demand for construction is still high. “In the past 12 months, the cost of a typical construction project in Miami probably increased by 20%,” said Chris Kennedy, vice president of preconstruction for...