Help wanted: Home builders need women, immigrants and robots to fill shortage [MarketWatch]
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Source: MarketWatch
Help wanted: Home builders need women, immigrants and robots to fill shortage Alan Hoffmann has been building homes in Texas since 1987, and he’s seen all kinds of real estate cycles. But he’s never seen a worker shortage this severe. A decade ago, when Hoffmann needed an electrical crew to wire a house, four or five electricians would show up. Today that crew is typically two people. That means homes take longer to build — usually 12 months instead of nine — and costs rise because longer project time means more months in which builders have to tap bank loans to finance construction. Hoffmann’s homes are higher-end green “high-performance” houses — so his clients generally help absorb the higher project cost. But that’s not the case for all builders, especially those who are increasingly strained by rising materials costs, arguably tighter regulations, and now, understaffed crews. “There can be situations that make or break them,” Hoffmann said. Despite his trendy-sounding business mo
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