Construction Costs Surge as Unskilled Workers See Biggest Wage Gains - The Times Weekly

Construction Costs Surge as Unskilled Workers See Biggest Wage Gains - The Times Weekly

By Bahaa Chammout, Missouri University of Science and Technology and Islam H. El-adaway, Missouri University of Science and Technology Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. But this isn’t a new concern: In 1978, the U.S. Government Accountability Office warned that rising costs were threatening the American dream – at a time when the median home price was just US$44,300, le…