CANFIELD, Ohio – In this excerpt from The Business Journal Roundtable Series featuring housing and mortgages, panelists discuss the continued shortage of new residential construction and the factors limiting new inventory in the region.
Infrastructure costs, regulatory requirements, labor shortages and land availability are cited as primary challenges for builders and developers in Mahoning and surrounding counties.
The conversation highlights how those pressures contribute to higher new-construction prices and restrict housing options for buyers.
Watch the full discussion HERE.
Read the full transcript HERE.