[ckvjdonee]

Why is a market behaving in an efficient manner a weird situation to you? Lower prices for consumers and faster job completion is good for everyone. Use regulation to fix the safety issues and protect workers from exploitation.

Low barrier to entry means if prices rise, more people join the industry and drive prices down again. When overtime and overworking becomes too much, people exit or don't join and prices rise.

[viraptor]

In practice I see difference in prices between local companies and there are reasons to not go for the cheapest price. It doesn't make market inefficient if you say you do a better job and will charge more than competition. Some people won't choose you, but then it's about setting the correct pricing/demand point. If there's more demand than can be fulfilled, the prices can raise - that's as market-efficient as it gets.