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Amid housing crunch, construction projects delayed around Central Oregon
Several factors causing issues, from labor shortage to COVID-19, officials say
BEND, Ore. (KTVZ) – Central Oregon seems to have ongoing construction projects around every corner, but developers are still not building homes as fast as they d like.
Officials say there are several issues causing the delays, amid a lingering pandemic and soaring real estate prices tied to tight land supply and very high demand.
“We’re still having a labor shortage in the industry, and that compacted with the high demand and the prices right now, it’s making it really challenging for a lot of builders and contractors, Mandy Weidman, vice president of the Central Oregon Builders Association, said Monday.