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3%/year. You could hear men and women alert that “the cost of building and money projects increase quicker than the speed of inflation.” This really is real even after the recession. CCI remains to be typically greater than CPI-U, and also to be far more conservative in your cash scheduling it is smart to use the upper inflation amount in an effort to superior prepare for probable will increase to construction expenditures.
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ENR does not publish regional averages, but you may consider the details for the metropolitan areas while in the Western US and compute your individual common if you want. San Francisco, LA and Seattle are One of the twenty cities. You would need to become a subscriber to ENR in order to accessibility their knowledge at the town level, nevertheless. See
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