answersLogoWhite

0


Best Answer

The Supply of homes would shift to the left.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What would be the dominant effect in the market for new homes if there was an increase in the wages of skilled tradesmen who work in housing construction?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which event was characterized by a decline in new home construction and housing products and an increase in mortgage delinquencies and foreclosures?

Subprime


How many houses are in China?

According to the Chinese government, there are about 36 million housing units in China. Since 2010, China has seen a 70 percent increase in new housing construction.


What event was characterized by a decline in new home construction and housing prices and an increase in mortgage delinquencies and foreclosures?

the answer is subprime mortgage crisis. (A+)


Which event was characterized by a decline in new home construction and housing prices and an increase in mortgage delinquencies and foreclosures?

subprime mortgage crisis


What is the NAICS code for single-family housing construction industry?

233210 (Single-Family Housing Construction)


What caused an increase in the use of dimension stone in the early 2000s?

The use of dimension stone in the high-end single-family housing sector was bolstered by an increase in residential construction in the early 2000s.


On what industry is the health of the floor-laying industry contingent?

The health of the floor-laying industry is closely tied to that of the housing and construction industry; when housing starts increase, as they did in the early 2000s, floor layers see increased work.


What areas are the most profitable for new housing construction?

Since the 1980s, the South and West have proved the most fertile ground for new housing construction.


What is unique about the single-family housing construction industry?

The single-family housing construction industry is unique for an industry of its size because it is highly fragmented and dispersed.


Why did the quality of housing increase in the 1950s and 1960s?

Besides new federal and state regulations that mandated structural integrity and uniform infrastructure, new construction techniques increased home quality and affordability.


When working with the reprogramming of military construction appropriations some of the permissible reasons for reprogramming of military construction and family housing funds are that reprogramming?

What are some of the permissible reasons for reprogramming of military construction and family housing funds are that reprogramming is necessary in response to:


Which department makes direct loans for the construction or the rehabilitation of housing project for elderly or handicapped?

Housing and Urban Development