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
Why Townhome Development Makes Sense For OC
By Carrie Rossenfeld Townhome price points are more reasonable and affordable than single-family detached developments, are often coming in below FHA loan limits and are therefore more appealing to a
Conventional Financing Gains Ground
In another sign of the increasing health of the housing market, the share of mortgage financing made through conventional loans continues to expand. In 2011, at a low point, the
