Condo Construction in Wisconsin Faces Steep Decline as Financing Barriers Grow
While construction sites can be found across Wisconsin, one type of housing development has largely disappeared from the landscape: new condominium projects. Condominium construction has experienced a steep decline over the last 10 to 15 years, with few new projects breaking ground, according to the Wisconsin Policy Forum.
The shift reflects fundamental changes in how the housing market operates and who can afford to build.
|