Shortage of Labor Still Hurting Affordability

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We have had several posts about labor shortages in the building industry over the past couple years and the problem doesn’t seem to be getting better, despite a good economy.   According to a recent builder survey from the National Association of Home Builders, labor and subcontractor shortages continue to remain widespread and are putting additional upward pressure on new home prices.  Their survey listed 15 specific occupations with framing crews experiencing the greatest manpower shortages.  Indeed…

Click here to read the full report at NAHBnow.com.

 

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Director of Education & Outreach, National Real Estate Investors Association