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by jpdaigle
1158 days ago
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Yes, it would be interesting, because you'd expect materials to cost roughly the same wherever you are in the country (modulo shipping costs), and cost of labor to account for much of the city to city difference. A former landlord of mine, whose house I was renting in Palo Alto at the time (2021), shared that they were planning to kick off a major renovation that would total around 800K$ all-in. That's an absolutely stunning figure to renovate a 3bdrm home, considering I've also heard anecdotes from outside California, of completely stripping down a similar-sized home to the studs, redoing all plumbing / electricity / walls / flooring / high-end-everything in the kitchen... for under 250K$. So, where's the extra half-million dollars going? The delta in renovation costs alone between these anecdotes represents 10 years of the average California constructor worker's salary [per the BLS](https://www.bls.gov/oes/current/oes472061.htm). |
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https://www.google.com/search?q=skilled+trades+shortage
https://www.youtube.com/watch?v=89fsWN9lxVs
https://www.youtube.com/watch?v=dpggP9ygO_U