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Recent material cost increases since Jan 1st


puntloos

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Since Jan 1st-ish it seems that costs for raw materials have meaningfully gone up. But I'm wondering if anyone has any rules of thumb for me on how much?

 

If a stack of bricks on Jan 1st would cost $100, how much would it cost today?

Same for all the usual others? Timber? Concrete? Paint? Windows? Electrics? Heating? Labor?

 

Or am I thinking about it wrongly?

 

 

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I’d say everything has gone up at least 15%
Timber seams to have doubled 

Followed by cement products Bricks and Steel 

 

Laboure seems to have bottomed out 

Though the problem for self builders has always been that the available laboure are the guys who do private work Wanting the same or more money than the site guys 

With a fraction of the daily production 

At the moment these guys are charging more than established  companies 

 

Weve a very good local builder near us who has built about 20 upmarket homes nearby and many self builds over the years 

He will only build the shell to watertight now Due to the hassle of getting trades and rising laboure costs 

 

Hopefully things will start improve towards The end of the year 

 

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I don’t think all is doom and gloom 

A site of 50 homes we have just started has filled all the contractors parking with tens of thousands of bricks and timber 

Red Row and co are committing to large amounts of materials before they are made 


Stamp duty and also the Furlough payments ending will have an impact on the above 

 

Whilst Furlough was well meant It’ reportedly put most families 10k per year better off 

With nothing to spend it on 

Most Subbies I know have had 4x7.5 k payments while still working 

and interest free loans should they want them 

 

 

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36 minutes ago, nod said:

...
Like most things The government didn’t think any of this through 

 

Hmmm, I think it did Gary.......... The bigger the handout, the more palatable the claw-back. Still, we've all had a good look at what old-style Socialism would do for us in the 21st Century.

 

Now, no politician can ever argue that money cannot be found for [...] 

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Your right Ian 

 

The money could be better targeted 

Perhaps nurses should have seen some of the windfall 

I was offered two 10k payments the help with my yard rent and business rates 

I’d be quite happy for that to go elsewhere 

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22 minutes ago, ToughButterCup said:

 

Now, no politician can ever argue that money cannot be found for [...] 

The next lot to argue austerity measures will have a had job selling that to the public.

 

You made us suffer 10 years of austerity, holding back the economy and making things generally poor, then suddenly found all the money we did not have?  won't fall for that again.

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I'll be pissed if I get clobbered for future tax rises. I was happy to be one of the so called 'forgotten' ltd who didn't receive a penny. I look after myself. I have a feeling though I'll somehow get clobbered for more NI going forward. They have already bought in tax on divis. Subbies should start paying more NI if they took any of the covid grants. 

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3 minutes ago, Oz07 said:

I'll be pissed if I get clobbered for future tax rises. I was happy to be one of the so called 'forgotten' ltd who didn't receive a penny. I look after myself. I have a feeling though I'll somehow get clobbered for more NI going forward. They have already bought in tax on divis. Subbies should start paying more NI if they took any of the covid grants. 

Corporation tax is set to rise 

CG etc They will have to pull it back from somewhere 

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