Cost of Building Homes in the Central Valley Is Rising
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ABC 30
ABC 30
Construction equipment lines empty lots around the Central Valley as builders get new developments off the ground across the Valley.
Building the new homes will take a few months, but getting to this point took years and a lot of money.
And when you zoom in on why it’s so expensive, you can understand why “affordable” new housing is almost an oxymoron.
“There’s not a lot of homes being built under $300,000 because it’s expensive to build them,” said Michael Prandini, CEO of the Building Industry Association of Fresno-Mader counties.
Building the new homes will take a few months, but getting to this point took years and a lot of money.
And when you zoom in on why it’s so expensive, you can understand why “affordable” new housing is almost an oxymoron.
“There’s not a lot of homes being built under $300,000 because it’s expensive to build them,” said Michael Prandini, CEO of the Building Industry Association of Fresno-Mader counties.
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