<body><div><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=4gcEK6_1FHxjx0z00" alt="https://img.particlenews.com/image.php?url=4gcEK6_1FHxjx0z00" width="1280" height="720" >WISCONSIN — A new report from the Wisconsin Policy Forum showed condo development is lagging across Wisconsin. Developers and builders told the Wisconsin Policy Forum that financing and liability hurdles were the two primary reasons stalling new condominium construction.When looking at the state’s two biggest cities, the report stated condo production in Madison increased slightly in the late 2010s. However, since then, it’s dropped down to “near-zero levels.” Condo production in Milwaukee has been stagnant since the start of the Great Recession in 2008.The report stated that in many cities, the average price for a condo is far more affordable than single-family homes, offering buyers a more attainable alternative for homeownership. The increasing cost of buying a home, most notably for first-time home buyers, makes that point even more prominent. Wisconsin Policy Forum also explained that condos typically come with less maintenance than single-family homes, making them appealing to older buyers who may be looking for a smaller residence. </div></body>

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WISCONSIN — A new report from the Wisconsin Policy Forum showed condo development is lagging across Wisconsin. Developers and builders told the Wisconsin Policy Forum that financing and liability hurdles were the two primary reasons stalling new condominium construction. When looking at the state’s two biggest cities, the report...

New report: Condo construction lags in state's two largest cities

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WISCONSIN — A new report from the Wisconsin Policy Forum showed condo development is lagging across Wisconsin. Developers and builders told the Wisconsin P

New report: Condo construction lags in state's two largest cities

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