Prediction: You’re about to pay doctor and lawyer money for a plumber.
Two U.S. demographic trends are about to converge and make anyone in a skilled trade, or even a handyman, a very valuable person. It’s already started.
First, the American population is getting older and we are living longer. That has a lot of implications but in the home maintenance realm, it means there will be more homeowners who can’t climb on a ladder to paint the house or crawl under the sink to fix a leak.
Second, younger people increasingly lack the skills required to do their own home maintenance or renovation. I love you young people, but you know it’s true.
Soon the great majority of Americans will have to pay for those services. At the same time, there will be fewer people offering them.
Larger demand + smaller supply = rich electricians.
I lived this when I had my home maintenance business. In fact, it helped me create it. People were so eager to find someone—anyone—who could and would fix stuff around their house that they stopped even asking me for prices. They hired me by default, simply because I showed up.
On average in 2018, homeowners spent more than $9,000 on home services. According to HomeAdvisor, homeowners said the number one reason for the spending was “replacing or repairing damage, defects and decay.”
Another prediction: That will increase.
You can do much of this stuff yourself and save big dollars. That is one of the reasons I started HomeDabbler, to teach you. Aren’t you glad you are here?
Tell your friends,
P.S. – This is also an opportunity.
Do you like to work with your hands and don’t want to spend your career in a cubicle? Learn some of these skills and offer them to the world. There is money to be made, more all the time.
Have a skill you’d like to learn but don’t see here? Message me through the HomeDabbler Facebook page and I’ll make you a video.