11 - Why Construction Costs are NOT Going DOWN!

With construction costs going through the roof, many want to believe that they will go down soon. In this video I discuss the inflationary pressures driving costs up in the construction industry from labour shortages to shipping delays. Finally, I explain why construction costs are likely to continue rising although at a slower pace for the coming years. 

Time stamps
 00:00 | Preview
 00:31 | Context
 00:44 | Labour shortage
 01:25 | Material shortages
 01:51 | Shipping delays
 02:35 | Demand
 03:02 | Looking forward
 03:21 | Audience action


More videos: 
 Adelaide's Property Market is on the Rise! - An Overview - 
 https://youtu.be/Ob040m1rlno
 
 Brisbane's Property Market Continues to Hold on Despite Rising Interest Rates - Here's Why - https://youtu.be/sSfukeDUsF4 
 

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