▲ 4 r/Homebuilding
I have a client for a house who’s going the construction loan route for an 800k build. I’m in a high cost of living/lack of workers area. What is everybody doing about rising fuel prices,inflation and tariffs etc.? I can’t see banks going for an escalation clause for rising costs and I’ll lose the job if I raise the price even more for a contingency. Between having to wait for bank inspections and draws in a rural area and all the current uncertainties I’m considering not taking the job. Thoughts from other builders?
u/Glass-Amount-9170 — 12 days ago