PwC/ULI Emerging Trends in Real Estate: Labor Scarcity Impact on Construction Costs

Andy Warren and Mitch Roschelle join Host Michael Bull in Studio One to discuss PwC and ULI's most recent Emerging Trends in Real Estate publication.

Part 2 of 5:

Many believe that the labor force participation rate—the percentage

of the civilian population 16 years or older who are

working or are actively looking for work—has dropped as one

of the consequences of the global financial crisis. However, the

participation rate peaked in 1997 at 67.1 percent and has been

falling since 2000.

Part 1: PwC/ULI Emerging Trends in Real Estate: Where Are We in the Cycle? 3: PwC/ULI Emerging Trends in Real Estate: Housing Affordability and Connectivity 4: wC/ULI Emerging Trends in Real Estate: Top Ten Markets to Watch 5: PwC/ULI Emerging Trends in Real Estate: Best Bets for 2017 entire