))
Julien Leys: Building Industry Federation Chief Executive on the slowing effect of inflation on new builds
Manage episode 421686187 series 3382268
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The construction of new builds is coming to a halt.
About 35,000 new builds were given consent in the last year – more than a 20% drop from the period ending April 2023.
This is being chalked up to inflation and the cost-of-living crisis.
Chief Executive of Building Industry Federation, Julien Leys, told Tim Beveridge “The Covid building boom is over.”
Leys said “Interestingly enough, the renovation market is doing quite well – and we’ve seen a bit of a boost come through with infrastructure.”
LISTEN ABOVE.
See omnystudio.com/listener for privacy information.
809 episodes
Share
