I have been a contractor in the construction industry for many years. Always work with integrity and margins that anyone would deem acceptable. I am always 100% fine breaking down my numbers and even showing my margins. In order for the business to be successful and maintain long term relationships I know I have to operate in a 2-3% variance in margins that are reasonably competitive.
What I can tell you is that most people "getting screwed over" tend to do it to themselves. I don't win 50% of the work I quote because people are so price driven. I honestly don't blame those that are cost conscious but often these people are the same ones looking for the lowest dollar. This is old news but when you select your contractor based on lowest dollar and have limited construction knowledge you are going to get a contractor and product that is in line with your $$$ and knowledge.
Over the last 15-20 years the average consumer or home owners ability with even basic construction/DIY ability has reduced drastically. I don't have any tangible numbers to back that up...just my observation. This is also putting a demand and premium on skilled trades workers and capable contractors which are already declining regardless of demand.
Do your research...put some value in word of mouth and investigate your contractor with whatever resources you can.
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