Quote:
Originally Posted by ASAP
don't listen to chassis ... he has been spitting bs for a while here now 
he claimed inflation was way down and the next day we got a PPI / CPI reported that proved otherwise which I literally pointed to
agreed, service inflation is more serious because it's not as easily controlled and a large portion of it is based on labor cost which hasn't gone down at all... insurance that's not really controlled by anything outside of perhaps some legal limitations... to me the scariest is that housing is still insanely high combined with high interest rates, any sort of travel (air, hotel etc) is astronomical and like we mentioned insurance isn't slowing... people will continue to be squeezed unless we get a major recession which will create completely different problems altogether |
Right! Dude is clueless.
Examples:
Bought a JD 36inch commercial stand up mower for $6700 new, now they want $11,360 for the exact same model 3 years later.
Bought a 2019 F250XL work truck new for $28k, now they want almost $45K without markup.
Mower parts have doubled in price in just a few years.
Irrigation backflow devices went from being about $170 wholesale to almost $400 since 2019. All other irrigation items are up at least 40%.
Dump trailers were a little over $7k in 2019 and now are $13k.
Lets not even get started on labor costs.
Hard businesses to be in right now, worse I've seen in the over 20 years we've been in business. If your lawn or irrigation companies have been substantially raising prices this is why. We just HAD to do a 25% increase this year, hated it but have no other choice.