Wednesday, December 15, 2021

THE HOUSING CRUNCH IS REAL

HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME

NAR’s chief economist Lawrence Yun said the labor shortage must be addressed. 

He said some communities are offering free or reduced community college courses that groom people for construction trade skills.

“The labor shortage doesn’t just drive up the cost of building a home — it also makes appliances and everything that comes from a factory to the inside of a home more expensive,” he observed.

Yun said the federal government should intervene with support for training in a cost-effective way.

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