Key-Understanding770

Key-Understanding770 t1_j4ni8m5 wrote

Framing materials are back to pre-pandemic levels. All other sub-trades continue to see price increases. Labor cost is higher due to demand and lack of new (young) labor coming into the trades. Couple that with high development costs in Vermont along with an energy code that continues to drive up costs. There is no affordability for new homes. Without permit reform and a streamlined process the cost of building won’t come down.

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Key-Understanding770 t1_j04vl3p wrote

I wouldn’t be so quick to discount a contractor that has availability unless they say they can start right away. Everyone is booked for two years until they are not. If a job is in the schedule and the plug gets pulled in the 11th hour, then builders have to realign their schedule and may need to keep guys working so they don’t lose them. We are on the cusp of a recession so some schedules will open up. I don’t believe we are going to see 2007-08 again because of the lack of skilled labor but a job is not a job until it starts. Booked for two years could become 6 months if people start backing out of agreements due to economic uncertainty.

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