For years, hundreds of millions of Americans have taken the comfort inside their home for granted. But in the face of increasing extreme weather conditions – from wildfires and droughts to heatwaves and cold snaps – we’re all beginning to wake up to a sobering reality.
When it really counts, will the most critical appliances in your home – like heating, air conditioning, ventilation, and refrigeration (HVACR) – turn on and work efficiently?
That’s why it’s no surprise to see record spending in the $657 billion home services industry as homeowners become increasingly interested in energy efficiency and indoor air quality.
And thanks to the $7.1 trillion pandemic housing boom, the home equity gains alone could fuel roughly 12 years of spending at the current size of the total addressable market.
But for investors seeking to capitalize on this trend, there’s one major problem: Who will install and service these HVACR systems?
The answer could be the millions of people looking for stable jobs wit