When I started out in the building business, interest rates were low, money was easy to borrow, and custom homes were the way to go. But six years later, in the early 1980s, that all changed. Interest rates went over 15%. No one could afford, let alone qualify, for a loan. Economics and demand dragged us into multi-family housing—we started installing finish work on apartment complexes, condominiums, and townhouses. The work was hard, the prices competitive, but the profits were good if you had your act together, if you were fast and didn’t make mistakes. Read the full article…