The Real Estate Espresso Podcast (00:05:51)
On today’s show we are talking about what’s happening in the world of construction. The supply chain shortages of the pandemic are continuing as China pursues it’s zero Covid policy. New lockdowns have been ordered in Guangzhou, one of China’s largest manufacturing hubs. So much of what we buy is sourced from manufacturing in China.
Shortages are not only about materials. It’s also about labor.
There is no doubt that some trades people are busy with a backlog that stretches 18 months or more. These projects were committed in 2020.
But increasingly, I’m finding that lead times for both material and labour have shrunk to pre-pandemic levels.
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Host: Victor Menasce
email: [email protected]
