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re: New Construction Costs in New Orleans

Posted on 4/4/22 at 11:29 pm to
Posted by akimoto
Thibodaux
Member since Jun 2010
581 posts
Posted on 4/4/22 at 11:29 pm to
quote:

There is a significant labor shortage for skilled crafts and they are loyal to their GCs who give them repeat business.


Not always true anymore. Our contractor is having a hard time getting his subs to come in and finish our house. There is still a bunch of hurricane repair work out there and subs are doing those because they pay more. People are willing to pay anything to get back into their homes.
Posted by Strannix
District 11
Member since Dec 2012
49142 posts
Posted on 4/5/22 at 3:02 am to
quote:

. I completely understand that the job will take longer but the cost savings seem to be worth it.


In my experience residential subs have two different prices, one for contractors and one for owner builders.
Posted by hey benji
new orleans
Member since Sep 2013
403 posts
Posted on 4/5/22 at 12:51 pm to
Loan rates just jumped to over 5%. I’m hoping this could cause prices to fall a bit.

Posted by Strannix
District 11
Member since Dec 2012
49142 posts
Posted on 4/5/22 at 5:15 pm to
Damn baw you paying cash? OG
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