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I noticed a similar dynamic with general contractors / handymen a few years ago. There was a multi-year period where the demand far exceeded supply, but they d
by CoastalCoder 5y ago
I noticed a similar dynamic with general contractors / handymen a few years ago.
There was a multi-year period where the demand far exceeded supply, but they didn't seem to adjust their billing rates accordingly.
I never got a clear answer as to why. The one guy I talked to seemed scarred by a very demand-limited market some years prior, so maybe he was fearful of making any changes that might leave him under-employed.
- greedo 5y agoI had the exact opposite occur. The missus wanted a patio installed (pavers or bluestone) and the quote we got from one guy was 10k over what others were bidding. He didn't even submit any drawings/diagrams, just told us the quote. Obviously didn't want the job. Same thing happened with a flooring guy who could have done $30k worth of work. He kept claiming he'd send us a bid but eventually ghosted us. Tradespeople can skip doing the hard/less-profitable jobs right now while the market is hot.
- Scoundreller 5y agoAs you observed, a shrewd tradesperson never refuses work, they just give a terrible quote. I had an aunt where the neighbour's son replaced a section of fence and just said to pay what they felt was reasonable and it was difficult for my aunt to come up with a number. Probably wasted a few hours coming up with that number, ugh.