Last week I had a conversation with a property manager in a nearby city – a small city in Pennsylvania. He said “You don’t want to work in this city, it is horrible!” I thought I knew what he was talking about because it is an economically challenged city. He replied, “Oh, yes that is true but guess how much it costs for a permit to change a water heater?” I guessed $100. Nope – $320!
$320?!?! Just for the permits to change a water heater?????? Let’s assume that we can replace a water heater for $1,000 (some may be higher/some lower). That is a 32% tax on top of the cost. PLUS you can’t do the paperwork on line. You need to go into the city government center, fill out a building permit, plumbing permit and electric permit. Of course you need to hire a master plumber (forget $1,000). You need to get the work inspected by a plumbing inspector and an electric inspector. FOR A NEW WATER HEATER!
I guess the tenants are going without hot water during all of this government intervention.