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I freelance and I also own a side Business. So, yep.
What do you do out of interest?
All of what you say makes perfect sense... or does it?
So I price a job today based on rates and outputs of X and the job kicks off in or 4 months. I'm taking a slight risk on inflation but we're used to that. Using your logic in 3 months time my labour allowances are 100% out as I need to pay people double - BANG - I'm losing money and bust pretty quick.
We trade on a little thing called LOYALTY in our bit of the world. We try to keep our supply chain busy and make sure the decent ones get the decent work. Our blokes are currently "inbetween jobs" as we just finished a £7Mill scheme and waiting for two smaller one's to go in a few weeks. Some companies would drop their managers, gangers etc and say - "pick you back up in 3 or 4 weeks if you're available". We don't. We create work for them or have them floating so they have continuous run of work - that's what they like.
Of course in your logic they could jaff off elsewhere and only work 24 weeks of the year for same money and life a relaxed life rest of the year. Most of us idiots in Construction aren't wired like that.
Crazy times ahead... the jump in inflation rates will make the next six months proper tricky I reckon. Lots will be asking for extended periods at lower monthly payments. I really hope we don't see return of huge negative equity or rates of 6% plus as developers will just bank the money for a lower return but massively lower risk.
Dodgy waters ahead..... ergo... stick with a loyal employer?
Cherish and enjoy life.... this ain't no dress rehearsal