Real Estate & Construction News Round-Up (06/22/22)
Abstract
The rising inflation rates shave billions in value off of the Bipartisan Infrastructure Law, forcing states to cancel or delay projects as costs increase. Chicago’s real estate industry prepares to fight a proposal, known as Bring Chicago Home, that would more than triple the tax on any residential or commercial property sold for more than $1 million. A recently-published report by Cointelegraph dives into the market for tokenization of real estate properties worldwide as it surpasses $20 billion.
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