Impact of Sharp Decrease in SME Home Building on Housing Market
Monday, 24 June 2024, 07:17
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Study Shows Drastic Decline in SME Home Building Activity
Research has uncovered an alarming 50% reduction in housing construction by SME home builders since 2017.
Implications on Housing Market
- Supply Impact: The decline in SME activity raises concerns about the availability of affordable housing options.
- Policy Need: The findings highlight the necessity for policy interventions to support SME builders.
The significant decrease in SME home building activity emphasizes the challenges facing the housing market.
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