Builders warn Trump's mass deportation plan would drive up home costs
While some contractors dismiss the idea as political bluster, they agree they can’t afford to lose more people from an aging workforce reliant on undocumented immigrants.
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.
Either I make half as much money or I up my prices. And who ultimately pays for that? The homeowner.
Brent Taylor, President of Taylor Construction Group, Tampa, Fla.
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