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Have a look at construction materials pricing. Lumber is up 200% since last year. Plumbing materials are going up like 30% every few months to the point a local
by nemo44x 6y ago
Have a look at construction materials pricing. Lumber is up 200% since last year. Plumbing materials are going up like 30% every few months to the point a local supplier here has to post signs indicating price increases.
Was speaking with a contractor who told me quotes they put out a year ago they’re having to revise about 40% (depending on project) for clients that are requesting work start now.
Labor costs haven’t quite risen in that field yet but with insatiable demand right now I’d expect it to. A carpenter I know has been working 6 days a week for months now.
Money is cheap and people had a great year of saving due to not taking vacations, etc last year. Combine that with supply lines being disrupted and it’s a bidding war for materials.
Go to Home Depot and be shocked at the price of a 2x4.
- AdrianB1 6y agoThat is exactly the point. Tesla increasing prices by 30% is not a surprise and it does not even look terrible anymore in context.