How can “Prevailing Wage” affect vacant land prices and project values?

How can “Prevailing Wage,” typically with potential and significant costs-added to a development project, affect vacant land prices and project values? Hulberg and Associates is experienced in measuring its effects on land and project values, in appraisal and consultation analyses, and in various municipal locations. The effects typically impact projects case-by-case and locale-to-locale. This article written by Brian Fish of the law firm, Luce Forward, speaks to legal issues of Prevailing Wage and Community Facilities Districts (CFD), including Mello-Roos Districts.

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