Spirit of Massachusetts
There are but a few segments of the industries we report on that are not undergoing challenges of some magnitude. Communities lack affordable housing while residential builders are weighed down by acres of paperwork and scads of delays. Office building owners continue to stare through their buildings looking for tenants who do not exist. Landlords are dropping apartment rents. Real estate professionals combat the notion of a housing bubble while secretly fearing one is on the horizon. Mortgage lenders scramble to fill pipelines that were once overflowing with refinance applications. And bankers worry as changing interest rates impact their ability to derive a reasonable rate of return.
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