Why is housing so expensive? Blame the Great Recession and its resulting construction labor shortage
The Great Recession occurred 17 years ago, from December 2007 to June 2009. Led by a crash in the housing sector, it was the ...
Labour will fall far short of its 1.5 million homes target, says construction industry body
The government is set to fall woefully short of delivering on its promise to build 1.5 million homes, according to the ...
Multi-Housing News2d
How Tariffs and Labor Shortages Will Thwart Housing Production
Construction costs have risen 30 to 50 percent since 2020, depending on the location and asset class, according to the ...
Construction Dive15d
After 5 years, construction still reels from COVID’s labor impact
Though building's “essential” status kept workers busy through lockdowns, the industry still has not recovered from the blow ...
This is Money2d
Reeves reveals Labour plan to train 60,000 construction workers: Is it enough to build 1.5million homes?
Labour has said it will train 60,000 new construction workers, as part of its mission to build 1.5million homes by the end of the current parliament in 2029. The government said it wanted to ...