Builders Say Union-Backed Wage Bill Could Raise Housing Costs
San Diego Tribune
By Philip Molnar
The latest fight between the homebuilding industry and unions is brewing in Sacramento over a bill that could require higher wages to workers on many residential projects.
Although authors of the legislation say it applies only to projects that use public money, the Building Industry Association is sounding the alarm on increased construction costs for private houses, condos and apartments.
About author
You might also like
Housing Outlook 2015
Kiplinger sets forth its perspective on the housing market for 2015. Among the key takeaways – modest price appreciation, return of first-time buyers and increased new home production. All-in-all, similar
Existing Home Sales Dip
The National Association of Realtors reported that the pace of existing home sales fell in April to an annualized rate of 5.04 million, a drop of 3.3% from the month
Housing Market in Period of Normalcy
After over a decade of wild volatility in the housing market, conditions seems to be settling into a period of normalcy characterized by stability and slow growth. National home prices