How rising wages for construction workers are shifting the foundations of the housing market

How rising wages for construction workers are shifting the foundations of the housing market

by Bahaa Chammout, Missouri University of Science and Technology and Islam H. El-adaway, Missouri University of Science and Technology, [This article first appeared in The Conversation, republished with permission] 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 …