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Old 14-11-2021, 08:15 AM   #1784
Ross 1
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Join Date: Oct 2013
Location: Wellington NZ
Posts: 10,698
Default Re: Australia housing bubble

Quote:
Originally Posted by Giant Cranium View Post
building materials have gone through the roof, 15% is not much, im quoting 35 to 40% more
This is an excerpt of an email with price rises in NZ, this is the 8th one I have received this year. Then there is the supply issue for a high percentage of the materials, we are having to alter materials and designs to account for what we can't get hold of. Cedar has gone over $30NZ per metre now and it's not worth using, a shipping container from Canada full of cedar used to cost $3-4k to ship, it's now nudging $30k.
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