2 Reasons Why the New Infrastructure Bill Could Be a Win for Real Estate Investors
President Joe Biden signed H.R. 3684, commonly known as the "bipartisan infrastructure bill," into law on November 15, allowing for public infrastructure projects that have long been waiting their turn on endless lists to move forward finally. It's a big win for America, as aging infrastructure items are increasingly at risk of becoming safety hazards and traffic bottlenecks, but this legislation is also a potentially big win for real estate investors.
Money has been appropriated for every kind of infrastructure upgrade -- from the electrical grid to broadband -- as well as environmental clean-up and even replacing lead water pipes in neighborhoods across the country. Undoubtedly, this will have a knock-on effect for all kinds of property owners and investors. There are a lot of reasons the new infrastructure bill could be a win for you.
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Source Fool.com
