While some contractors dismiss the plan as political rhetoric, many say they can’t afford to lose more people from an aging, immigrant-dependent workforce still short of nearly 400,000 people.
Both presidential candidates promise to build more homes. One promises to deport hundreds of thousands of people who build them.
Former President Donald Trump’s pledge to “launch the largest deportation operation in the history of our country” would hamstring construction firms already facing labor shortages and push record home prices higher, say industry leaders, contractors and economists.
“It would be detrimental to the construction industry and our labor supply and exacerbate our housing affordability problems,” said Jim Tobin, CEO of the National Association of Home Builders. The trade group considers foreign-born workers, regardless of legal status, “a vital and flexible source of labor” to builders, estimating they fill 30% of trade jobs like carpentry, plastering, masonry and electrical roles.
The ONY REASON why immigrant labour is needed is because too much of the profits flow to the Parasite Class at the top.
It used to be that America could build affordable family homes for decent-sized families using well-paid American citizens. This was possible because those Americans were actually paid well enough to afford homes of their own; most of the value of their labour actually came back to them. Plus, most building materials weren’t beset by Greedflation and the need to keep obscene amounts of wealth flowing into pockets that were already overstuffed without more wealth than the person could spend in 100 lifetimes.
America could return to that time, where even the lowest-paid workers make enough to be within a stone’s throw of affording their own home. All it takes is a political leader willing to do the politically painful job of taxing the fuck out of the Parasite Class - including treating any loans taken out using stocks as collateral as “income” to be taxed, regardless of the destination of those funds.
That, plus a metric arseload of other things such as making corporate ownership of homes illegal and making “investor ownership” of homes beyond about 3-5 homes similarly illegal. Because not only do these parasites suck up the supply of homes, preventing renters from getting off the rental market, but they are also the primary players jacking up rents to unaffordable levels, seeking to squeeze every possible dollar out of hard-working Americans. Let these parasites find a real job if they want to continue earning money.
That’s a problem across all types of business.
If you are cutting wages or laying off people, there is less overall ability to pay for things. You’re basically cutting your customers ability to pay.
Even if your employees aren’t your target market, they probably buy stuff from the people who are your customers.
This psychotic race to the bottom among business owners is just shooting yourself in the foot with extra steps.