NY Daily News Editorial: The price of prevailing wage – Inflated Public Costs, Depressed Number of Units

//NY Daily News Editorial: The price of prevailing wage – Inflated Public Costs, Depressed Number of Units

Does it make sense to make affordable housing more expensive?
We urge you to read facts expressed by The New York Daily News:

From The New York Daily News Editorial Board:

We don’t begrudge members of the building trades the right to earn a healthy living, but requiring affordable housing developers to pay these rates rather than still-respectable median wages ($82,000 for a bricklayer, $78,000 for a plumber) for the same essential functions will drive up the already exorbitant cost of producing housing, generate less of it, or both.

Read More From The New York Daily News…

Reminder: legislation to expand prevailing wage would harm workers of color and MWBE contractors

As the legislative session enters its final days, serious concerns remain regarding legislation to redefine public works and expand prevailing wage mandates in New York’s construction industry. Recent closed-door negotiations over the bill have not addressed these concerns.

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By |2019-03-24T10:17:41-05:00March 24th, 2019|News|0 Comments