Tax adviser warns housing market needs construction cost action
Original Article Summary
The UK housing market will remain stagnant without government intervention to address rising construction costs, according to tax and business advisory firm Blick Rothenberg. The firm has warned that construction cost inflation currently running at more than 10 per cent threatens the government's target of delivering 1.5 million new homes. The post Tax adviser warns housing market needs construction cost action appeared first on PropertyWire.
PropMatch Curated Analysis
Construction cost inflation exceeding 10% threatens government's 1.5M homes target and market recovery, requiring workforce investment to address affordability crisis.
Investor Relevance
High construction costs directly impact development margins, new build acquisition costs, and overall housing supply that affects rental demand and capital growth potential across all residential investment types.
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