Karl Deeter: Labour pains will keep holding us back
The construction industry lacks a trained labour force of sufficient size to execute the required strategies
House prices have been rising and are showing no signs of coming under control, at least in terms of the price inflation rate emulating the general rate of inflation.
We hear about demand-pull inflation all the time. It’s easy to understand: you have a relatively fixed supply (in this case housing) and as demand for it increases, prices go up.
The lesser-known evil twin is that of ‘cost-push’ inflation. This is where prices rise...
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