Posted Oct 22, 2012, 12:51 PM
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Registered User
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Join Date: May 2011
Location: Pittsburgh
Posts: 303
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I don't think we will see a major construction boom until the credit markets loosen up. There is a lot of capital sitting on the sidelines right now. Once there is a general feeling like the economy is turning the corner, and as soon as the banks aren't afraid to lend again, then we might see a surge in development.
Building booms are usually associated with easy credit.
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