Impact of Sharp Decrease in SME Home Building on Housing Market
Monday, 24 June 2024, 07:17
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.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.