How rising wages for construction workers are shifting the foundations of the housing market

By Bahaa Chammout, Kummer I&E PhD Fellow in Civil Engineering, Missouri University of Science and Technology
Islam H. El-adaway, Professor of engineering, Missouri University of Science and Technology

Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. But this isn’t a new concern: In 1978, the U.S. Government Accountability Office warned that rising costs were threatening the American dream – at a time when the median home price was just US$44,300, less…

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