▲ | tedggh 4 days ago | ||||||||||||||||||||||
It’s a supply and demand problem. There are just not enough people pursuing these jobs to replace the retiring generation. Some of these small family businesses are quite profitable, but most owners don’t have kids interested in continuing their legacy. Private equity noticed this and went on an acquisition spree. They buy your local HVAC and plumbing company, keep the family-owned branding “since 1976”, hire people with no experience to do the job and increase the hourly rate. They recover the investment, squeeze out every dollar they can and shut it down once bad Google reviews and lawsuits start to creep in. | |||||||||||||||||||||||
▲ | skirmish 4 days ago | parent | next [-] | ||||||||||||||||||||||
Recent experience: called a HVAC contractor to fix a heating furnace, they spent 1 hour convincing us to scrap the current furnace and install a new one; once we told him "no" at least 10 times, he spent 30 minutes "diagnosing" the problem while on the phone with somebody with technical knowledge; then he quoted $250 to replace a part that I could buy on Ebay for $15. Finally, I bought the part and replaced it myself. | |||||||||||||||||||||||
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▲ | alexashka 4 days ago | parent | prev [-] | ||||||||||||||||||||||
Sounds like sociopaths being allowed to do sociopath things problem, rather than supply and demand problem. |