Re:The Disappearing Art of Maintenance
by bobthepanda on Tuesday September 27, 2022 @02:38PM
(#32999293)
also, reduction in household sizes.
all wealthy countries have observed significant falls in household size over the past century. tenements used to have whole multigenerational households in a single room. that's obviously not tenable today (and it shouldn't be) but now the same amount of people needs more units.
That graph shows new development rising. It’s not as high as it once was but it’s an upward trend. The valley was around 12-13 years ago.
Talking to people currently in the industry, they are busier than they’ve been in years. I know people trying to find contractors for small jobs who can’t.
NY and CA may not be having a lot of new construction. But, other places are. California is seeing a population decline
Viewing the data is a bit less extreme at first: https://fred.stlouisfed.org/series/HOUST You can see that we are around the mean today. However the population is 2x larger...