Re: CV and mad panic behaviour
Reply #4934 –
I've family, friends and associates in the building industry.
They aren't really constrained by the lockdown, they are constrained by the lack of available materials. That is the main reason they are working at reduced capacity, they would be flat out on new builds if they could get materials. Home renovations and small refurbishments won't help as the small jobs are at the very back of the queue for obtaining supplies, and changing the lockdown state won't fix that problem. It's the lack of material supply from overseas that is the problem, there are local suppliers, but the big boys have sucked up all the local materials at a premium price the bulk of the industry won't or can't pay!
I've another associate that is a hardware importer, mostly fixtures and fittings(furniture) for doors and windows, etc., etc.. They have containers and containers of stuff stuck somewhere between China and Australia, typically Singapore or Hong Kong, waiting for ships to be released from quarantine. They are so desperate they have started having containers unpacked by hand and sending urgent quantities by air, this drives the cost through the roof so end users buy less and less.
The next thing that will happen is that the small builders on fixed contracts are going go belly up, because they are stuck on terms they can no longer meet, and changes to the lockdown do nothing to help them.