Time to Put Down the Shovel? So Far this Year, We’ve Dropped Three Projects due to Breathtaking Construction Cost Estimates
by Wolf Richter, Wolf Street: His number came in 100% more than the cost of our last store, and the deal no longer penciled out. A big-time San Francisco contractor told me the other night that he half-wished for another recession. Why? Because his subcontractors—the guys who actually do the work—are so inundated with jobs […]
