Low Housing Demand Could Lead to Job Losses

1 decade 2 years 9 months ago Wednesday, December 07 2005 Dec 7, 2005 Wednesday, December 07, 2005 9:47:41 PM CST December 07, 2005 in News

Rod Glidewell owns a construction company and has 12 employees. He doesn't think a housing slump will affect Columbia.

"Things have been so robust here in Columbia and mid-Missouri that I don't think there's any feeling of apprehension right now," explained Glidewell. "In fact, I would say that the feeling is more the other direction that there's so much work available. I think employees, right now, have the attitude that there's plenty of jobs out there, and there's no concern on their part for employment."

With construction outpacing population, the U.S. could see a decline in the demand for housing. The national study blames the decline in new home sales, as well as a rapid rate of construction, which seems to have outrun the population increase.

Glidewell said the only decline he has seen is seasonal. Until the winter passes, workers can only hope for a rise in housing demand next spring.

One of Glidewell's workers, Jay Johnson, said, "I've always been able to build things. Even as a kid, I've played with Legos, and built things. It's amazing that you can come to something looking so rough and by the end of the day or the end of two days, you make somebody's dream come true."

A decline in the housing market contributed to eight of the last 10 recessions in the U.S.

More News

Grid
List
SPRINGFIELD — President Trump held a campaign-style rally in Springfield Friday. Trump spoke in front of an at-capacity crowd... More >>
6 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 10:15:00 PM CDT September 21, 2018 in News
KANSAS CITY (AP) — A 46-year-old woman who set a fire that resulted in the deaths of two Kansas City... More >>
10 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 6:22:51 PM CDT September 21, 2018 in News
ST. LOUIS (AP) — Emissions near a troubled St. Louis County landfill once posed health concerns for workers and nearby... More >>
11 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 5:02:52 PM CDT September 21, 2018 in News
JOPLIN (AP) — Missouri Southern State University has abandoned plans for a dental school that would've operated in partnership with... More >>
11 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 4:51:59 PM CDT September 21, 2018 in News
ST. LOUIS (AP) — Some St. Louis police officers are still struggling with injuries more than a year after protesters... More >>
11 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 4:44:27 PM CDT September 21, 2018 in News
COLUMBIA - Columbia police said a fifth arrest has been made in connection with an alleged homicide on Sylvan Lane... More >>
12 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 3:50:00 PM CDT September 21, 2018 in News
JEFFERSON CITY - Police arrested a man early Friday after reportedly finding him outside an apartment complex, looking into a... More >>
13 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 3:27:00 PM CDT September 21, 2018 in News
KANSAS CITY - The Missouri Western District Court of Appeals ruled Friday to allow the Clean Missouri Initiative to stay... More >>
13 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 2:53:00 PM CDT September 21, 2018 in News
COLUMBIA – MU is one of only two Southeastern Conference universities to experience double-digit growth in new freshmen, while several... More >>
15 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 1:12:00 PM CDT September 21, 2018 in News
SPRINGFIELD - President Donald Trump is set to campaign at the JQH Arena for U.S. Senate candidate Josh Hawley,... More >>
15 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 12:43:00 PM CDT September 21, 2018 in News
COLUMBIA - The University of Missouri Board of Curators announced a resolution Friday supporting the University of Missouri-Columbia's efforts to... More >>
17 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 11:23:00 AM CDT September 21, 2018 in News
COLUMBIA - 82,000 Americans are still missing as the result of our country's biggest wars. POW/MIA Recognition Day is... More >>
17 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 10:59:00 AM CDT September 21, 2018 in News
COLUMBIA - The Columbia Planned Parenthood clinic will stop abortion services after Oct. 1 following a court ruling allowing the... More >>
18 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 10:20:00 AM CDT September 21, 2018 in News
WASHINGTON (AP) — President Donald Trump challenged the woman accusing his Supreme Court nominee of sexual assault by name Friday,... More >>
18 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 9:31:00 AM CDT September 21, 2018 in News
FERGUSON, Mo. (AP) — The daughter of an 84-year-old woman with dementia alleges in a lawsuit that... More >>
19 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 8:45:00 AM CDT September 21, 2018 in News
VIENNA - 27 year-old Anthony Macclugage has been charged with endangering the welfare of a child, felony Domestic Assault and... More >>
22 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 6:22:00 AM CDT September 21, 2018 in News
CHARLESTON, W.Va. (AP) — Attorneys general from West Virginia and 10 other states are asking the U.S.... More >>
22 hours ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 5:34:37 AM CDT September 21, 2018 in News
(CNN) -- From January 2016 through February 2018, puppies sold at six pet store companies led to infections in 118... More >>
1 day ago Friday, September 21 2018 Sep 21, 2018 Friday, September 21, 2018 4:26:41 AM CDT September 21, 2018 in News
Columbia, MO
Broken Clouds 57°
5am 56°
6am 54°
7am 53°
8am 54°