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Remodeling Your Home Will Be Unaffordable If You Live in One of These 8 Cities

Remodeling Your Home Will Be Unaffordable If You Live in One of These 8 Cities
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Publication Date
2024-03-29T06:00
News Author
Angela Mae
Summary
A recent GoBankingRates article exploring the most unaffordable cities for home remodeling quotes Chris Hock, general contractor and owner of Earth Saving Solutions, on why remodeling costs continue to rise. Hock explains that the construction industry is facing a critical shortage of skilled contractors, with decreasing interest from younger generations in construction careers and a wave of experienced professionals retiring. This labor shortage is dramatically driving up prices as limited skilled workers try to meet growing demand. Hock predicts the situation "will only get worse as every generation chooses easier, less manual work," though he notes that those who do pursue licensed construction trades "will make a really good living" due to this scarcity.
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GoBankingRates
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Chris Hock
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