Sentences with phrase «high land costs»

«Fundamentally, ground - oriented housing is not efficient, and proportionately, too much of the cost is chewed up by high land cost,» Mattamy Homes COO Brian Johnston told Construction Dive.

I'm sure there are costs required for code, and higher land costs here than Asia... but they build them as basic churches without the flashy attributes taken for granted stateside.

And Heidi Burkhart, president of the affordable housing brokerage Dane Real Estate, warned that the higher construction wages negotiated by REBNY and the Building Trades Council could stifle development on projects with high land costs and thin margins.

Brian Johnston, chief operating officer for Mattamy Homes, said that given high land costs, «ground - oriented housing» is inefficient.

Primary markets tend to have a limited inventory of Class - A properties due to barriers to new construction such as high land costs.

The Illinois buildings are about $ 10 million because of higher land costs.

Price growth upwards of 24 percent moves the needle in the opposite direction, possibly because at that point, builders begin shouldering higher land costs and incomes start to lag behind prices, researchers speculate.

Cross-dock warehouses are rare in the Greater Boston market, where high land costs have resulted in limited new warehouse construction.

Mattamy Homes COO Brian Johnston told Construction Dive, «Fundamentally, ground - oriented housing is not efficient, and proportionately, too much of the cost is chewed up by high land cost.

Yet in many areas, especially cities, these residences on wheels may not be economical to own, because of zoning regulations, high land costs and other drawbacks.

High land costs are a side effect of a lack of supply due to preservation efforts, she said, adding the current town zoning code has also hindered efforts to attract affordable housing to the area.

The panel again reiterated that high land costs and regulatory burdens have made new development really challenging.

Rents in many markets fail to justify new development, largely due to high land costs and increasing construction costs, according to Marcus & Millichap.