Could it get any tougher for homebuilders?
On one hand, housing demand is high. Like, really high. We’re facing a massive shortage in affordable housing, with middle-income buyers faring the worst.
On the other, builders face skyrocketing materials costs, huge labor shortages, and long build times that mean fewer capital turns.
It’s no wonder, then, why new builders in the construction industry face tougher survival rates than many other industries.
So what’s the solution?