With construction costs going through the roof, many want to believe that they will go down soon. In this video I discuss the inflationary pressures driving costs up in the construction industry from labour shortages to shipping delays. Finally, I explain why construction costs are likely to continue rising although at a slower pace for the coming years. Time stamps 00:00 | Preview 00:31 | Context 00:44 | Labour shortage 01:25 | Material shortages 01:51 | Shipping delays 02:35 | Demand 03:02 | Looking forward 03:21 | Audience actionMore videos:  Adelaide's Property Market is on the Rise! - An Overview -  https://youtu.be/Ob040m1rlno  Brisbane's Property Market Continues to Hold on Despite Rising Interest Rates - Here's Why - https://youtu.be/sSfukeDUsF4  Social:  Facebook: https://www.facebook.com/manraj.nijjar11/ Instagram: https://www.instagram.com/manraj.nijjar Tik Tok: https://www.tiktok.com/@manraj.nijjar1 LinkedIn: https://www.linkedin.com/company/the-manraj-nijjar-show Twitter: https://twitter.com/ManrajNijjar1 Podcast: https://manrajnijjarshow.buzzsprout.com/

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