Big factors not really being addressed here --- the cost of labor and materials to build new homes.
Labor and materials make up the majority of the cost of a new home.
Now that we're deporting cheap labor and placing a 30% tariff on lumber and other materials, any potential housing boom may be muted by the hefty increase in construction costs.
Labor and materials make up the majority of the cost of a new home.
Now that we're deporting cheap labor and placing a 30% tariff on lumber and other materials, any potential housing boom may be muted by the hefty increase in construction costs.