'' Or would they do it on every job?''
Sure some builders would.
I'm not sure what the answer is.
In normal times a builder would add in the expected price of material and labour increases over the contract period using the CPI.
But Covid times have changed the norm.
My builder, who subs out trades like electrical, tiling and plumbing, had major difficulties meeting the time schedules, because demand for labour was so high, subbie rates just went crazy.
Add to that 30-50% increase in material costs.
The losers here are the poor folks that have paid 75% of the home costs, but have only 50% of the home and a huge amount to finish it - if the banks will still lend in a asset depreciating market.
Pain ...
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'' Or would they do it on every job?'' Sure some builders would....
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