Tag: bayside building materials

When the bayside boom dies down, how will you pay for it?

Building materials cost has gone up, but so have rents.It’s a trend that is likely to continue as the boom dies out, as the housing market stabilises.The rise in rents is driven by the rise in the value of the home, which is reflected in the price of the materials used in the building.The rising…



Why the $2 billion in new homes in downtown Los Angeles isn’t a problem

LOS ANGELES (AP) While most people who live downtown might find the price tag for new homes appealing, some are concerned the city won’t get the financing it needs to build more of them.A new report by the consulting firm Urban Land Institute found the city has plenty of money for the projects but will…