The Mike Hosking BreakfastCarl Taylor: Combined Building Supplied Co-op Chair on the increase in building costs
There's ongoing concerns for the construction sector, with fewer new builds being considered.
Corelogic's latest construction index shows just a 1.1% increase in cost during the September quarter.
Overall cost growth remains subdued, reflecting an easing of pressure for labour and materials.
Combined Building Supplies Co-op chair Carl Taylor told Mike Hosking the increase in land costs isn't aiding the industry.
He says a 400-square metre section at Preston's Subdivision in Christchurch was $250,000 two years ago, and is now half a million.
LISTEN ABOVE
In 1 playlist(s)
The Mike Hosking Breakfast
Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, a…Social links
Follow podcast
Recent clips
Pollies: National's Mark Mitchell and Labour's Ginny Andersen talk MP housing entitlements, Labour leaks
11:45
Brent Eccles: Eccles Entertainment Founder on the Government's move to adjust the Copyright Act to extend protection for Kiwi music
02:18
Michael Webster: Privacy Commissioner on the inquiry finding Health NZ and Manage My Health breached privacy code
02:45