A solid economy means companies are growing, governments have bigger budgets, bets are made on RE development, and a construction industry thrives. Unfortunately like I have written before the construction industry is having a huge labor shortage. A labor shortage in an industry that is booming will naturally drive up prices of building, expanding, or renovating. In the… Read More KC Construction Boom: Sparks New Way of Doing Business
Why did the job cross the road? To get tax incentives of course! Typically I try to spread out my planet money podcast sessions so I can binge listen to episodes on a long dog hike or kayak trip. On my latest binge session I was pleasantly surprise to hear them discuss a local topic! The business border war… Read More Why Did The Job Cross The Road?
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“This level of investment doesn’t happen unless investors think there is some real potential in the market.” Original source KCeconomy.com by Jeff Pinkerton Kansas City’s economic recovery has been slow. Very slow. It has been over seven years since the end of the Great Recession, and we still haven’t had that “we’re back” moment. Sure, we have… Read More KC GDP lagging Behind US GDP Forecast, Nevertheless Solid Growth For KC
Originally built for returning Korean War veterans the apartment complex at 4621 Jefferson St. in the Country Club Plaza was just bought for a pretty penny by Village Green, and will be getting a very expensive renovation.. As a strictly speculative real estate investor, this add value purchase to renovate 214-units seems like a no… Read More Another Luxury Apartment Building in Kansas City