If prices are high, that typically means demand exceeds supply. What is preventing supply from expanding to meet demand? Elsewhere in this thread someone mentioned regulation.
Suppose we wave a magic wand and everyone in society becomes equally wealthy. That doesn't solve the fundamental problem of a contractor shortage. It just means we no longer have prices as a method for matching contractors with jobs to the same degree as previously. Without prices being bid up as high, there is less incentive to go into contracting, meaning that the shortage is liable to persist for longer.
Suppose we wave a magic wand and everyone in society becomes equally wealthy. That doesn't solve the fundamental problem of a contractor shortage. It just means we no longer have prices as a method for matching contractors with jobs to the same degree as previously. Without prices being bid up as high, there is less incentive to go into contracting, meaning that the shortage is liable to persist for longer.