Original title "17-20% fewer construction workers: Great Recession's lasting scar on housing supply" shortened to remain within title character limits.
A "small picture" local observation of impact: Big construction firms and projects scoop up all available workers and materials (concrete, for example) with year-long exclusive contracts. Individual homeowners with small projects, such as updating a bathroom, are generally screwed. Horror stories abound, search if interested. Years-long delays, projects started then abandoned, etc.
DIY is great IFF you have tools, capabilities, willingness to ignore building code requirements for licensed workers, ...
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[ 4.3 ms ] story [ 20.4 ms ] threadStudy: https://onlinelibrary.wiley.com/doi/abs/10.1111/1540-6229.12... | https://doi.org/10.1111/1540-6229.12526
DIY is great IFF you have tools, capabilities, willingness to ignore building code requirements for licensed workers, ...