The construction industry is facing a double whammy of tariffs and deportations, which could lead to a labor shortage and higher costs for home buyers.
Undocumented workers make up an estimated 13% of the construction industry, and their deportation could leave many positions unfilled.
Tariffs on imported construction materials, such as steel and lumber, could also increase the cost of building homes.
MCKINNEY, Texas—Two decades ago, this booming suburb on the northeastern edge of Dallas was a small town accessed by only a two-lane highway. Now, 200,000 people fill its sprawling subdivisions, with new construction everywhere.
McKinney, like the country’s other fastest-growing cities, is a town built by imported labor and home to an industry hooked on imported steel and lumber.