Next industry to be disrupted is housing, because seemingly the entire western world has is not even trying to provide housing (a necessity) to everyone.
Subsidies are dangerous in the long term
Next industry to be disrupted is housing, because seemingly the entire western world has is not even trying to provide housing (a necessity) to everyone.
Subsidies are dangerous in the long term
It wouldn't surprise me if our industry is also labor constrained? I know my brother had a machine shop to make aftermarket titanium parts for (motor)bikes, some cars, etc. He had a policy of nonstop looking for new machinists, even if he was fully staffed, because a machinist could just wander off at any time. With only 4 employees, he could find himself at at 25–50% loss of ship time in just a few days, at any time. It's not even like the machinists were getting more money. They'd just leave, because the new shop was 5m closer than his.
Fixing the labor pool issue is a decades long issue. More money in that pool won't fix things. I don't even know what's going on. Maybe I can just blame modern financialization for the issue? That seems easy, if wrong.
But, for sure, the complete lack of social safety net for labor can't be helping. Maybe if we guaranteed child care, 100% round-the-year safe spaces (we could use the fantastically expensive schools which are empty 75% of the time?), 3-free-meals-per-child, and free education through an associates degree? None of those are particularly expensive, even at the national scale.
And things get confused more when people only look at the top inflated wages for trade workers in the most expensive cities in the world, completely ignoring that most trade workers can't afford to live in those places and commute into the cities for their work and they almost never actually get offered the kind of wages that are advertised.
If we want to build housing, we'll need a stabilizing force for that. I don't see a way to make that happen outside of govt intervention.
If you hit us with sucking funds from the housing market you will gut our economy even more, and there is zero support in the US to protect homebuilders right now when the two younger generations can't afford their product. If you offered a bad ass modular housing system that could quickly/cheaply build decent homes (current US Spec grade or higher) that might get really interesting.