Maria Rioumine is the CEO and co-founder of Agora.
U.S. cities are in the midst of an affordability crisis. Just between May 2020 and May 2021, home prices saw their biggest annual increase in more than two decades and construction material prices increased by 24%. The cost of renting has risen faster than renters’ incomes for 20 years. Construction needs to play a critical role in fixing these pressing issues, but is the industry ready?
Construction is a $10 trillion global industry that employs more than 200 million people worldwide. But despite its size and importance, the industry’s annual labor productivity …