Skills shortage 'undermining new homes target'
Original Article Summary
Workers being able to earn more money than they would training builders is causing a skills crisis.
PropMatch Curated Analysis
Construction skills shortages are undermining government housing targets, with workers earning six-figure salaries on sites while trainers earn only £30,000, creating a training crisis that threatens development capacity even if planning reforms succeed.
Investor Relevance
This signals persistent supply constraints that will likely maintain upward pressure on property values, but also indicates rising development costs and project delays. Investors should factor skills-related delays and cost escalation into acquisition and development planning.
Original Source:
BBC NewsStay Updated
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