Home Builders Institute President and CEO Ed Brady discusses how a severe construction worker shortage is fueling the U.S. housing crisis and explains how the AI data center build out is pulling skilled labor away from residential home building.
Addressing the US housing crisis, Home Builders Institute President and CEO Ed Brady warns that a shortage of over 300,000 skilled tradespeople hurts supply. Brady explains how the massive build out of AI data centers is pulling essential construction workers away from residential projects. This labor deficit costs the US economy an estimated $10.8 billion as mortgage rates top 7%.
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