We have seen a consistent 15 - 25% price increase on virtually all imported flooring goods. And a lot of flooring goods are not made here, because this isn't where you source the raw materials for many of these products.
So what's happening now is not only are all these contractors bidding for the same work at the lowest price, the bids themselves are being specced with the cheapest, just fucking garbage material possible, because budgets and margins still have to be met.
It's a race to the bottom.