Quantitative Easing.Seems everything is going up, and steeply.
Timber, Steel, Plastic, all building materials, Parts etc etc.
Where will it all end?
Id hate to be starting a house now.
I taught it would be a lot more actuallyA builder said to me last week that if it was costing you €300k to build a house 12 months ago you could add another €40k to it now.
A builder told me that he priced a house in September and the materials were now €30k extra.A builder said to me last week that if it was costing you €300k to build a house 12 months ago you could add another €40k to it now.
That's a problem now, people expect it to go up, also the government is going to start pumping money into housing to buy the next election, given the amount of unemployment prices should be dropping, tams hasn't helped with machinery price increases.A builder told me that he priced a house in September and the materials were now €30k extra.
yes, was a article in the Journal complaining about itAre the reference costs of the TAMS grants all wrong and far too cheap now as a result?
I was talking to a machinery dealer earlier this year and he was saying that a lot of the factories are only doing half what they would normally due to social distancing and lack of parts to make the machinery. Many manufacturers are experiencing difficulties sourcing supplies and sourcing transport and shipping to get them to their factories.its not just houses. every piece of machinery for sale seems to be going up. i think there is extra demand for machinery too which only makes it worse.
Meant to start my 2000sq foot bungalow in july. Builder rang last week he has to go through the figures again as there is more costs with increased price of material🙈 i initially wanted 1700sq foot but put on another room just incase . Mite take it off yetQuantitative Easing.
If you keep pumping free money into all the world's economies Inflation is the only guaranteed outcome.
Add to that Envirofasists stopping timber processing.
Add to that the €80,000.00/€100,000.00 the government has added to the cost of building a house.
As you say a tough time for 1st time builders.
Had you a price agreed with him?Meant to start my 2000sq foot bungalow in july. Builder rang last week he has to go through the figures again as there is more costs with increased price of material🙈 i initially wanted 1700sq foot but put on another room just incase . Mite take it off yet
I dont think that will matter. Noone is going to absorb a 30% increase in material prices which is what we're at now nearly across the boardHad you a price agreed with him?
Yea had priced agreed. Look i understand the price increase and hes still coming in under 7 other builders prices . A lad wud get sum fright in the variation in prices . Yad want to be sure of ur job lasting 35 more years🤣 i will not go direct labour as im way too busy myself to deal with that hardshipHad you a price agreed with him?
So far beef, lamb, milk and cereals are all up on 12 months but sadly all input costs from feed to fert and fuel are all well up too.So I'll assume agriculture is in for a corresponding rise to offset the rising costs of food production?
Even the poor contractors will be looking for a few euro extra off ye...So far beef, lamb, milk and cereals are all up on 12 months but sadly all input costs from feed to fert and fuel are all well up too.
I was talking to a machinery dealer earlier this year and he was saying that a lot of the factories are only doing half what they would normally due to social distancing and lack of parts to make the machinery. Many manufacturers are experiencing difficulties sourcing supplies and sourcing transport and shipping to get them to their factories.
It'll be a good while before supply lines are coming back near to normal and that's before you add in Brexit.