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

Home/News/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.

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By |2020-06-20T12:49:07-04:00March 24th, 2019|News|0 Comments