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I believe the key factor is our education systems have heavily implied blue collar labour is low status so now there are labour shortages and the average age fo
by bachbach 8y ago
I believe the key factor is our education systems have heavily implied blue collar labour is low status so now there are labour shortages and the average age for a blue collar worker in some parts of the USA is in the 60s. I expect wages of $50 - $60 per hour to get normalized and even higher rents as housing stock stagnates.
The Fine Homebuilding podcast has a discussion here.
https://www.finehomebuilding.com/2018/07/06/podcast-episode-123-shawn-van-dyke https://www.finehomebuilding.com/2018/07/06/podcast-episode-...