300,000 Vacant Lots Could Help Ease America's Housing Shortage
Could one of the biggest solutions to America's housing shortage already be sitting on the market? A new Zillow report finds that more than 300,000 vacant residential lots are currently listed for sale across the U.S. If just one home were built on each lot, the nation's housing shortage could shrink by more than 6%. In this episode, Kathy Fettke explains what the findings mean, why building remains so difficult, and why vacant land could present new opportunities for real estate investors.
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