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Building material prices, availability, and time it takes to obtain building materials are the biggest problems builders faced last year, and they
As lumber prices doubled in price, the number of new single-family construction starts dropped dramatically from December numbers.
Record-high lumber prices are threatening to halt the residential construction sector, and in turn, hold back the economy.
According to CNBC, there’s a shortage of roughly 7 million affordable homes for the 11 million low-income families in the U.S.
Last week, the House approved legislation that aims to bolster skills-based training programs through greater assistance and funding.