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Building Costs Surge Across the Country | Columbus News
Building costs nationwide are skyrocketing—up 5% since January and projected to climb another 8% by year’s end—driven by tariffs, labor shortages, and soaring energy prices that inflate everything from copper (up 36%) to steel (up 27%). Smaller builders are hit hardest as material costs surge 6.7% annually, while high mortgage rates and new regulations add pressure. In Central Ohio, demand remains steady despite rising costs, making affordable housing development increasingly unaffordable and challenging for developers trying to keep rents accessible. Listen in comfort:Get a discount on a…
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