Everybody loves telling kids to go into the trades. Fewer love paying a rookie for months to learn a dryer, or years before an apprentice electrician can work solo. The shortage isn't kids. It's shops willing to train them.
$625 for a $45 part sounds insane until you price the truck, the insurance, the license the state makes me renew, and the guy who's fixed it a thousand times. Some quotes are padded. Most are just math nobody explains.
Called an HVAC guy to replace a $45 capacitor on my AC.
The quote came back at $625.
I asked how long the repair takes.
“About 15 minutes.”
I said, “So where is the rest of the money going?”
He looked around and whispered:
“I make $27 an hour. The private equity firm that bought our family-owned company sets daily revenue quotas for every technician.”
Then he showed me his tablet.
If he doesn’t hit $2,800 a day in upsells, he gets written up.
The original owner ran that business for 30 years, charged $160 a visit, and built a great life.
Now private equity is buying local HVAC, plumbing, and electrical companies, while technicians are pushed to sell more and homeowners pay more.
You’re not just paying for a repair anymore.
You’re paying for a corporate profit target on basic home maintenance.
Let the car drive me to work. Talked through my to-do list on the way in, and my bots lined up the day and booked my haircut. They even wrote this post. Now if only fixing a fridge were this easy. (It isn't. That's what our techs are for.)