http://www.miamiherald.com/news/business/real-estate-news/article212824859.html

21 0

Miami's already-expensive housing costs could go even higher as the U.S. wades into a global trade war. The tariffs on steel and aluminum imposed against most global markets earlier this year now also apply to Canada and Mexico — two of the biggest suppliers to the U.S. The steel and aluminum tariffs come on top of a nationwide labor shortage and previous tariffs on lumber. The combination is pushing up costs for South Florida home builders and home buyers, and may affect renters as well. Sergio Pino, founder of the Century Homebuilders Group, said his suppliers are expecting the cost of materials will rise by 5 percent in the coming months. His subcontractors are already raising price es... Full story

13 June

wait