‘The time it takes to build a house is blowing out due to the country’s ongoing construction boom, with reports some builders are increasing the build price to avoid making a loss, and devastated home owners walking away from contracts altogether.’

AS economists predicted the ‘Home Builder Grant’ and first-home buyer grants would push up prices like those dating back to the Howard years …

SO all along were these Scomo Government grants all about creating a building boom, and not about helping aspiring home builders?

ADD to the mix Covid …

-and supply shortages

-increased material costs; longer build times

-land registration pushing out to 6 – 18 months

READ MORE!

‘Time and cost of building a house blows out due to construction boom’

https://www.domain.com.au/news/time-cost-of-building-a-house-blows-out-due-to-construction-boom-leaving-some-walking-away-from-their-dream-altogether-1079648/?utm_campaign=strap-masthead&utm_source=smh&utm_medium=link&utm_content=pos2&ref=pos1