These Labor Saving Innovations Are Key To Solving The Housing Crisis

PELLA

The overall economy has nine million job openings, and the government is pulling levers to get that down to eight million, anticipating that it will take four to five years to recover jobs lost during the pandemic.

And, while the AI revolution will have a big impact on productivity growth in the next 10 years, labor still is the most significant problem faced by housing in 2023 and 2024 according to Dr. Robert Dietz, the chief economist at the National Association of Home Builders.

Related: Brisbane Real Estate Experts

He points out that for every five people leaving the construction industry, there are only three that enter it. One way the association is working to improve this scenario is by supporting immigration reform….Story continues….

By: Jennifer Castenson

Source: These Labor Saving Innovations Are Key To Solving The Housing Crisis

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