Economics with Mani
Economics with Mani
11 - Why Construction Costs are NOT Going DOWN!
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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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