Rising Insurance Rates Are Crushing Affordable Housing Developers
Bloomberg, Sept. 12, 2023–Kriston Capps (subscription)
Natural disasters and crime are being blamed for property insurance hikes that are frustrating builders of much-needed new apartment buildings.
https://www.bloomberg.com/news/articles/2023-09-12/insurance-rate-hikes-threaten-to-bust-the-us-apartment-building-boom?