I think there's risk in trades like any business, but the world will always need plumbers, electricians, etc. Someone will always find the market price for when people are willing to pay to not have to interact with sewage or potentially get shocked.

> won't trade jobs fall as well?

Why won't tradesman cut their prices?

I hope they would, but in my 40 years of owning homes, prices to have things done double every 7 years. This would mean 10% inflation year over year, but that isn't the case, and wood prices have not gone up that much. Everyone is just charging more because they can. I keep thinking: at some point homeowners won't be able to afford this, but I've been wrong for 4 decades and just keep writing the checks with firmly clenched buttocks every time I need a major repair.