banned Russian flights.
• Closed ports. Shipping ports around the Black Sea have closed, which means cargo vessels are at a standstill. Shipments by air that traditionally pass through Russian airspace, as stated above, have to now divert and take longer( slower and more expensive) flight paths. This could all culminate in delays for industries that depend on air and ocean transport.
Material Costs Are Affecting Housing Affordability
As the cost of lumber, steel, aluminum and other imported( necessary) construction materials rise due to the challenges stated above, it is directly affecting housing affordability by driving up
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