RERL-1771 – Housing Market – Will We Repeat 2008 & 2009?
While California and New York have always been expensive places to live, the middle US has historically been a reliable area to purchase affordable housing. Unfortunately, that is no longer the case today and the housing market is essentially broken. One of the reasons why housing prices continue to skyrocket across the country is the increasing cost of labor which is something consumers will just have to accept – or will they? The inevitable has happened and computer-based automation is now set to take its place in home development. Host Joe Cucchiara asks Jack Russo if a more stable housing market can be created by printing 3D homes.
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