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Reply to "Contractors gouging or are the prices fair?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Now is the worst time possible to do reno and repair. Contractors are ripping people off big time. Wait until there's a recession and they'll be crying for work. It's probably coming in 2023.[/quote] You were saying that in 2020 too. - signed someone paying a contractor $10K and keeping my mouth shut because I can’t even nail a wall[/quote] 2020 would have been the worst recession ever but the govt dumped unprecedented stimulus and cash into the economy, which is why we have so much gouging from contractors now. Wiait until the sugar rush ends and contractors are struggling for work during a recession. The amount of money we dumped onto the economy was absurd. I know small business owners. One owner of a restaurant basically got $600k for free through PPP. He used all of the money to reno and repair the restaurant while jacking up prices. That's why you have so much business for contractors at the moment. So much money flooded into the system. It will end. Sugar rushes always end badly.[/quote]
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