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[quote=Anonymous][quote=Anonymous]Builders and contractors have an insane notion for how much their time is worth right now.  They cite material costs but when you do your own research you realize they’re marking up 20% at least and then adding administrative fees at a rate of 2500-5000 per week.  They justify the markup because of the potential for fluctuations.  They still feel burned by 2020-2022 material price increases and are trying to recover their losses now. But when you call them on it they act like lumber could spike 3x this year.  It’s all a smokescreen to pad their margins.

The market is supporting it for now (likely because they need to work less at those rates to make ends meet.  But if the economy turns and people start pulling back their spending prices will have to come down as there will be a huge oversupply of contractors with much lower demand.[/quote]

This is magical thinking. More people are opting to stay where they are versus buying someplace further from DC. I don't love the markups, but the contractors are in business and the only thing we can do is not use them, but chances are someone else will. [/quote]

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