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
Existing Home Sales Jump in March
Sales of existing homes moved up to a greater than expected seasonally adjusted annual rate of 5.19 million, an increase of 6.1% from February. Economists had expected a pace of
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
OC New Home Market Takes a Breather
It appears that the pace of new home sales in Orange County is pulling back from its once rapid pace. With a low supply and strong demand dynamic, homebuilders had