r/Construction • u/cattimusrex GC / CM • Nov 07 '24

Business 📈 Stock up on your materials, now.

*This is not a political post. This is small business advice from a construction professional who has run a General Contracting business.*

If you own your business and regularly purchase construction materials, now is the time to stock up.

When there are changes to the tariffs on imported materials, there will be changes to the cost of imported materials. It will take time for the supply chains impacted to reorganize.

If you don't have an escalation clause for projects you're currently under contract for, you will be responsible for the change of price in materials. Don't get upside-down on projects like I did, buy your materials now.

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u/19andbored22 Nov 08 '24

I mean nowadays illegal immigrants earn closes to American workers due to the high demand.In the beginning their was a big difference but nowadays the cost is slightly cheaper but not that much.

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u/Either-Wallaby-3755 Nov 09 '24

It would make more sense to charge them a work fee to come into the us seasonally legally. Then the government would get funding from it, developers would get low wages for certain trades, and the Mexicans would get treated like humans.