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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Adirondack Daily Enterprise: Non-union businesses locked out of bidding to rebuild Olympic oval

PLAs cannot help but make projects cost more, simply because they limit competition at bid time. In addition, they often promise to “save money” on the very backs of employees by cutting labor rates and various benefits required by the New York State Department of Labor.

By |2024-04-04T05:22:02-04:00March 24th, 2019|News|0 Comments

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