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

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 . . .

------------------------------------------------------------------------------

 

Subscriber content

 

Archival content is available to subscribers only. If you have a membership subscription and are are experiencing issues logging in, please try the login below:

 

If you're interested in reading further, why not gain full access to the archives by subscribing? 

Order your subscription here and we'll send you an invoice.

Annual memberships (€100/yr) can also be paid for by credit card, or you can pay month-to-month by clicking here. 

 

 

 

 

Support ThePrime. Get access to the entire archive. Only €8/month!

You May Also Like…