As in Nigeria where developers avoid low income housing development because of the risk and high cost, builders in US are also facing challenges building $200,000 entry level homes because of  regulatory requirements which comprise nearly 25 percent of the cost of a new home. Nigerian developers say infrastructure cost as a component of construction…

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The post As in Nigeria, low income housing devt in US difficult, costly appeared first on BusinessDay : News you can trust.

Source : BusinessDay