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Empty Lots Offer Solution for Housing Shortage
New data shows hundreds of thousands of empty lots can help solve America's housing crisis.
America needs more homes. Many people struggle to find an affordable place to live. A new report shows a simple way to help fix this problem.
Zillow, a real estate company, found over 300,000 empty lots. These lots are big enough to build new houses. They sit in many cities and towns across the country.
Building on these empty spaces can add many new homes. This helps meet the high demand. It also makes housing more affordable for families.
This idea offers a path to closing the housing gap. It uses land already available. This makes it easier for everyone to find a good home.
Source: Fox Business
#Real Estate#Housing Market#Economy
