According to the Federal Home Loan Mortgage Corporation, or Freddie Mac, the housing shortage in America is serious. In 2018, the Corporation estimated the US housing shortage to be 2.5 million units, but this shortage grew to 3.8 million units at the end of 2020. The situation in Europe is similar, with German sources forecasting housing supply shortages in 35 cities by 2030. Complicating the shortages are a major problem: labor, more specifically the shortage of skilled trades necessary for ho…
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