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Housing winners and losers under President Trump

Winners: Construction workers
Winners: Construction workers | Tyler Olson/Shutterstock.com

Winners: Construction workers

Trump's first promise of his victory speech was: "We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals. We're going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it."

As part of the 2009 economic stimulus bill, about $73 billion was spent on physical infrastructure, with little Republican support in Congress. Maybe congressional Republicans will favor infrastructure spending under a Republican president.

If Trump gets his way, "that will require untold thousands of construction workers and steelworkers to rebuild roads and tunnels and bridges and schools and so on," Sharga says.

The construction industry will have to solve the issue of a lack of skilled labor. We've been promoting college, and now we can push to train young people for the building trades.

Many construction workers are in the country without documentation. Sharga says he doesn't foresee a huge number of them leaving the country.

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