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Maxwell Drever : Managing Supply and Demand for Affordable Housing

The concept of affordable housing has gained considerable attention in the last few years. However, the challenges presented by the COVID-19 pandemic have hindered the industry substantially. With rising prices and delayed construction timelines, the supply and demand gap has been widening continuously. The pandemic which caused people to lose their jobs or face pay cuts has bumped up demand considerably without doing much for the supply side, as assessed by Maxwell drever. For affordable housing projects to create an impact, demand and supply has to work in tandem. Getting inexpensive housing right is essential for stakeholders on both sides because they all have a lot on the line. This is a challenge especially with global supply chains for building materials disrupted. At the same ti...