Building multifamily housing in California is more than twice as expensive as it is in Texas, with much of the difference driven by state and local policies that contribute to long permitting and construction timelines, and higher local development fees, according to a new RAND report based on cost information from more than 100 completed apartment projects. Building multifamily housing in California is more than twice as expensive as it is in Texas, with much of the difference driven by state and local policies that contribute to long permitting and construction timelines, and higher local development fees, according to a new RAND report based on cost information from more than 100 completed apartment projects. Economics & Business Phys.org – latest science and technology news stories
Cost to build multifamily housing in California more than twice as high as in Texas, report finds
