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Harry Triguboff Issues Warning on Rising Rates for Building Plans

Harry Triguboff, known as the apartment king, has issued a stark warning regarding the increasing rates for building plans. Triguboff, the founder of Meriton, voiced concerns about the rising costs associated with new construction projects. He emphasized that these escalating rates could have severe implications for the property development sector. Triguboff’s statements shed light on the challenges faced by builders and developers in the current economic climate.

As a prominent figure in the real estate industry, Triguboff’s observations hold significant weight. His comments highlight the pressing issues that developers are grappling with as they navigate a landscape of soaring building costs. Triguboff’s remarks underscore the potential impact of these cost increases on the affordability and viability of future construction projects.

Amidst the backdrop of a changing market environment, Triguboff’s warning serves as a cautionary note for industry stakeholders. The implications of rising building rates extend beyond individual projects to shape the broader dynamics of the real estate market. Triguboff’s insights offer valuable perspective on the complexities facing developers in a climate of economic uncertainty.

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