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PODCAST: Philadelphia Developers See Lots More Runway, But Challenges Creating Affordable Housing

PHILADELPHIA, PA (SBN)—Although 66% of Federal Reserve economists think it’s likely that a “correction or downturn” in the economy will start some time around 2020, Philadelphia commercial real estate developers think there’s still lots of running room for virtually all sectors in the market, but they admit that affordable housing projects will face financial challenges because of the high cost of construction here.