While some contractors dismiss the plan as political rhetoric, many say they can’t afford to lose more people from an aging, immigrant-dependent workforce still short of nearly 400,000 people.
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.
Isn’t one of the arguments for raising minimum wage that higher incomes will result in more consumption and social program contribution?
Pay people more, less need for social services and collect more in taxes. Reduces government expenses and raise revenue. More money to spend on infrastructure. This is without fixing tax code so mega wealthy and corporations pay their fair share.
Illegal immigrants are being paid outside of the system and raising minimum wage only increases demand for employing more of them, continuing exploitation of them. You can make an argument for minimum wage increases, but it doesn’t benefit illegal immigrants.