Materials shortages complicating post-tornado rebuilding

Robert McLean

#cee, #proptech, #development a #architecture

There's obviously never a good time for your home to be hit damaged in a natural catastrophe. But last week's tornado in southern Moravia hit roughly 1,200 homes at a moment when the construction industry has become nearly dysfunctional. High demand and sporadic supply in recent months have sent prices for basic materials and labor through the proverbial roof. The situation is so serious that some project managers are refusing to sign price guarantees with investors because they have no certainty from their own suppliers.

Vít Kutnar, founder of the materials company DEK, says he's . . .

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