WISCONSIN — A new report from the Wisconsin Policy Forum showed condo development is lagging across Wisconsin.
Developers and builders told the Wisconsin Policy Forum that financing and liability hurdles were the two primary reasons stalling new condominium construction.
When looking at the state’s two biggest cities, the report stated condo production in Madison increased slightly in the late 2010s. However, since then, it’s dropped down to “near-zero levels.” Condo production in Milwaukee has been stagnant since the start of the Great Recession in 2008…