Auckland's extended lockdown is hitting the Bay's building sector with some sites grinding to a standstill as materials dry up.
GIB, steel framing, roofing, timber, wall linings and fixings are in short supply and by Friday those products are expected to run out completely.

https://www.nzherald.co.nz/business/the-profitless-boom-buil
ders-say-auckland-materials-drought-has-crippled-them/DCMI72
LIDBUBACBV5XTAHZ2P4U/

House prices and rents going up some more.
What we need is yet more taxes and red tape. That'll fix it - LOL.

pcle - 2021-09-07 11:13:00

An Architect client of mine told me today that 80% of his customers were affected by shortages and delays of up to 20 weeks in some cases. Not good!

jeffqv - 2021-09-07 13:03:00

Yeah it’s getting back.
I’ve been to build sites now where they have had to down tools
As the products haven’t been available.
It’s getting worse with large companies stock piling stuff.
Must be hard on the small developers with a lot of money
Tied up in a project and delays after delays.

rodeorunch - 2021-09-07 14:10:00

have a look at the ports at the Napier and the Mount,logs by the thousands ready to be exported to China,Crazy.

payntr - 2021-09-07 14:13:00

Jeff, I was wondering, what are the lending implications of the news that many builders are no longer offering fixed-price contracts and quotations given the wildly volatile building materials market?

I know that when I've built, the bank were insistent on it being fully conted and wanted the contingencies to be ringfenced and as small as possible. If this is the new norm for a while, how is that likely to affect someone wanting to build their own home or do a renovation?

Obviously the financing for larger-scale developments happens differently, so is unlikely to suffer the same barriers.

esprit - 2021-09-08 10:23:00

The cost of level 4 lockdowns

loose.unit8 - 2021-09-08 10:58:00

It is what happens when we import the biggest percentage of our goods and the supply chain breaks.

maddie44 - 2021-09-08 11:05:00

Materials supply has been difficult and prices increasing since late last year.
The supply monopolies are the basic problem, made worse by current transport issues.

masturbidder - 2021-09-08 11:39:00

So long as the tradies wear masks while they are waiting...

bryshaw - 2021-09-09 17:08:00

payntr wrote:

have a look at the ports at the Napier and the Mount,logs by the thousands ready to be exported to China,Crazy.

And yet if processed in NZ be available for local builders.
Countries are starting to realise what happens having all manufacturing done off shore.

Edited by macman26 at 7:02 pm, Thu 9 Sep

macman26 - 2021-09-09 19:00:00

payntr wrote:

have a look at the ports at the Napier and the Mount,logs by the thousands ready to be exported to China,Crazy.

And they are probably going to be turned into (toilet) paper!

Edited by spidermurti at 12:57 am, Fri 10 Sep

spidermurti - 2021-09-10 00:56:00