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Updated over 5 years ago on . Most recent reply

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Corey Edwards
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13
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REHAB LABOR COSTS: Has COVID created a way to decrease prices?

Corey Edwards
Posted

Labor costs in many areas of the country, especially in Charlotte, were at an all-time high before the coronavirus pandemic. Is now the time to push the reset button and get those labor costs down?
Yes, I know everything's negotiable, but I wondering if anyone out there has started to ask for or seen labor pricing dip since the coronavirus began. Is it simply because there's not a lot of work out there and many contractors our lowering their prices to get anything they can? If so, do you think this trend will set a new baseline that investors can use moving forward or will it be hard to keep labor costs down once the pandemic is over?

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