Building a home means paying more money - 2004-05-31
The impact of a robust U.S. real estate market and a voracious Chinese economy have local officials holding their breath when opening proposals for municipal building projects.
Because raw material costs are so tiny in comparison to labor and property costs, property owners are open to accepting the increases in a mortgage spread out during 30 years, he stated.
Read the full story at Penn Live, PA 
