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A few factors - labour markets are very tight generally, new housing construction has increased, WFH and hybrid has increased the demand for renovating existing
by rgmerk 3y ago
A few factors - labour markets are very tight generally, new housing construction has increased, WFH and hybrid has increased the demand for renovating existing housing to make space for home offices (and improve the amenity of housing more generally).
- bdcravens 3y agoConstriction of foreign-born labor as well https://www.nbcnews.com/data-graphics/tough-immigration-laws-construction-workers-home-builders-rcna82540 https://www.nbcnews.com/data-graphics/tough-immigration-laws...
- Dig1t 3y agoThere were almost 200k people who crossed into the US illegally in August. It's over 2M people per year now, pouring into the US. https://www.cbp.gov/newsroom/national-media-release/cbp-releases-august-2023-monthly-update#:~:text=In%20August%202023%2C%20the%20U.S.,Title%2042%20has%20significantly%20decreased https://www.cbp.gov/newsroom/national-media-release/cbp-rele....
- oblio 3y agoYour link doesn't mention 2 million per year, plus at least some are recidivists and some more are sent back. It doesn't mean 2 million people stay illegally per year.