Why American Construction Costs Are So High

Re:Why American Construction Costs Are So High by chii on Tuesday March 05, 2019 @05:09PM (#19314723)

Why can't the cost of materials be hedged against rising?

Costs above initial estimates should only happen when there's an unknown (e.g, digging discovered a really hard rock layer that nobody knew about). Or weather issues beyond prediction (like tornadoes or hurricanes).

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Re:Why American Construction Costs Are So High by vonmoltke on Tuesday March 05, 2019 @05:19PM (#19314794)

> Why can't the cost of materials be hedged against rising?

How, other than by buying everything you need up-front, finding a place to store it until you need it, and hoping that it is still usable when you do?

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Re:Why American Construction Costs Are So High by andymcsherry on Tuesday March 05, 2019 @05:25PM (#19314841)

You can buy futures on basically any commodity to hedge against price fluctuations.

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Re:Why American Construction Costs Are So High by xfitm3 on Tuesday March 05, 2019 @06:36PM (#19315236)

Are you assuming cost increases are due to materials? labor is a huge cost, it might even exceed materials.

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