Martin Scheuch (Sentient): Construction costs caught up in a price tornado

Published: 19. 07. 2021

Skyrocketing prices of various construction materials, price jumps of commodities and labor shortages have set in motion a whirlwind that's nowhere near over, says Martin Scheuch, managing partner at the consultancy Sentient. "We're witnessing a sudden and unprecedented rise in demand as well as a lack of supply of construction materials. That's behind the sudden increase in materials prices that began in March. This has placed not just the construction market, but also the development and investment markets in an extremely uncomfortable situation. Building is continuing but the supply chain connecting materials producers to the . . .



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