Posted To: Pipeline Press
When I was a young teen one of my summer jobs was working for a successful contractor in Cupertino, California at about $5 an hour. Comp has gone up significantly, as have all costs, and any originators working with builders should look at this graphic of where the money goes in building a home. While I am yammering about builders, the President issued an executive order on workforce development that will establish the National Council for the American Worker . “NAHB will help do it part to invest in the future workforce by pledging to train 50,000 new workers over the next five years for a career in the construction trades.” Speaking of builders, it turns out even they don’t quite know how to calculate the price per square foot of what they’re building! (Measure to...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily https://ift.tt/2ODMdhi
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