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I think I can probably speak with Jim Luckett's agreement, though I am not sure. I would note that most all of my favorite subcontractors are stretched to the max. They cannot find enough good laborers to do the work, and their present response has been to over-book just like an airline.

The best architects and builders I know are making it a priority to find new good subcontractors to do their work.

In view of all that, it is highly unlikely (IMNEHO) that we are looking at a decline in construction labor costs in my market any short time soon. Absent that, and absent a decline in the price of zoned, permitted land, where will we lok for this great decline in building costs? I am willing to listen to a much longer-term argument but I would like there to be more than a simple reiteration of "conventional wisdom" behind it.


(Resident Curmudgeon)
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