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ScratchCat

(2,753 posts)
9. The issue is difficult and comes down to greed
Wed Nov 16, 2022, 11:53 AM
Nov 2022

Imo, the biggest problem is that over say the past 15 to 20 years, the bulk of people who have gotten into home construction have done so to get wealthy at the expense of the people they are selling to and essentially everyone else in the community. The new pricing scheme is to just add a "contractor fee" of 15 to 18 percent of today's cost at the big box store. People in my area are having to pay a builder an amount of profit that is equal to the median household income just for an 1800 sf home. Think about that for a minute. The builder builds one house and you have to pay a years salary as his "fee". He does no work himself, but takes your total years take as profit. Every builder I know lives in a million dollar plus home in a gated acreage lot subdivision and expects you to pay them an arm/leg for a house on a 50 x 150 lot.

There's no way to fix it when those building believe they are entitled to be wealthy at the expense of everyone else

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