Re: strategies to rein in escalating purchase prices
From: Sharon Villines (sharonsharonvillines.com)
Date: Fri, 28 May 2021 08:43:21 -0700 (PDT)
> On May 27, 2021, at 8:57 AM, Olaf Kula <kulaolaf1957 [at] gmail.com> wrote:

>  The
> other is whether there are grants, lending concessions, or tax incentives,
> to offset the higher building costs.

Careful of tax incentives. Our developer had tax incentives for using minority 
companies as subcontractors. The problem was that they were brand new and 
didn’t exist before the legislation existed. The result was a lot of work that 
had to be redone, some not discovered until years later.

A flooring company said a few years ago that the bid winner for doing floors 
for Air Force 1 was a company led by a native Alaskan. No one in the flooring 
business had ever heard of such a company or person.

Sharon
——— 
Sharon Villines, Editor & Publisher
Affordable Housing means 30% of household income
Cohousing means self-developed, self-governed, self-managed
http://affordablecohousing.com

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