Five ways proptech is changing how we live
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Pandemic-fueled shortages of workers and breakdowns of supply chains have driven up construction costs and slowed down building as demand for more and better housing keeps rising. Companies are trying to help the industry digitize and thereby drive down costs and speed up projects. One area ripe for change is the finance side of construction. Companies like CoFi and Built provide underwriting and origination of construction loans. This lets general contractors to pay subcontractors faster, a key…
