New housing market squeezes our profits

摘要

I spent some time with a fellow p-h-c contractor whose firm has been doing new home construction for three generations. He's ready to toss in the towel and feeling pretty low. In his end of the business, $35 per hour labor charges means he can't be competitive! Now, before you think it's a matter of his not being fast, he bid just three days total time for a two-bath home, which includes everything from curb line to finished set and trim along with the HVAC. That's for two mechanics, so the total labor hours are 48.