Employment Too Good for Housing?

For almost all of 2015 we had an unusual state of affairs — the housing market looked great, because the filings for new permits kept looking great; but at the same time, housing starts didn’t manage to keep up, and sometimes even fell. The Fiscal Times has an interesting take on this that I hadn’t considered before: housing starts aren’t happening because contractors can’t hire enough workers. It’s interesting, because the labor market has unquestionably shrunk, but perhaps we’re back above full employment again.


by Aimee Whitaker

Tiempo Escrow, Inc.

2100 Main Street, Suite 330,

Huntington Beach, CA 92648

Phone. 714-843-0101