A builder shortage?
We are hearing from economic developers and employers reporting that they have more jobs than people. The availability of affordable housing to attract manufacturing workers is starting to become an issue. The housing that is being built is too expensive for the market, but these communities can not attract developers to build what is needed.
Where’s the problem? The demand for home builders far exceeds the supply. (Emphasis added.) Contractors can not recruit and hire enough skilled tradespeople to do the carpentry, plumbing, electrical, and other construction work that is involved in building houses. Because of building needs in the storm-damaged gulf region and in burgeoning China, construction materials are in short supply. Source.
Gas prices to rise in 2006? Thanks to an unlikely source – environmentalists.