Economy, Politics & Supply Chain Conspire Against Kansas City Builders

It's harder to get things built nowadays as political gridlock has evolved into a biz slowdown.

Here's one of many economic symptoms of bigger, fundamental problems . . .

"The Home Builders Association of Greater Kansas City (KCHBA) says due to supply constraints, labor shortages and interest rates, the price of new homes continues to increase and are taking longer to build. The association estimates homes that would have previously taken seven months to build are now taking 14 to 16 months to complete."

Read more via www.TonysKansasCity.com link . . .

Rise in interest rates puts strain on housing market in Kansas City area

LEE'S SUMMIT, Mo. - Whether you're buying or building a new home, be prepared to pay more due to rising interest rates. The Jewell family decided to build their brand new Lee's Summit home a year ago. They say the value of a new home gave them peace of mind that to them is priceless.

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