I found this article by Alex Carrick (REED Construction Data) to be rather interesting. After a considerable drop in construction pricing from October 2008 to October of 2009, the tides/trends are quickly changing as prices begin to soar. Couple this with the banks tight lending practices and our governors anti-business mentality, and a not so rosy picture starts coming into focus.
Setting aside bank lending for a moment, with retail foreclosures looming, municipalities are going to be faced with an ever growing number of shuttered retail centers and a steep decline in manufacturing starts. Communities that are more business friendly when it comes to engineering requirements and material selections will see their phones ringing far more often than municipalities that require industrial building prospects to make their simple buildings look like a dairy farmer dressed in a tuxedo in a milking parlor.
It doesn't take a rabid Monty Python fan to realize municipalities will need to lighten up and that banks will need to loosen-up so that builders, developers, retailers and manufacturers can afford the material increased for casted in the article by Alex Carrick.