Pete Finn
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Podcast Appearances
So buying a new house or renovating is both are unfortunately very expensive at the moment.
We are definitely moving into another period of time when construction costs are going to have question marks over them.
Yeah, we're starting to hear about it.
It hasn't actually been implemented just yet, but starting to get emails from suppliers saying that costs are having to go up because of obviously the fuel crisis that's happening at the moment and delivery costs and everything that, you know, the protests went on about last week has a ripple effect into every industry.
And there's no doubt about it, people within the construction industry are being massively affected by the increase in the diesel costs.
So that's going to increase the renovation costs, but there's nothing reducing the cost of purchasing a home as well.
So each family or each, you know, individual, I suppose, situation has to be assessed and then you have to make the decision, you know, is it worth moving?
Because again, moving into a new home,
It's completely different.
New community, sometimes it could mean new schools, like uplifting your whole family and moving.
But you're going to be moving into a much more energy efficient home if it's a new home.
Yeah, it's going to be an A-rated home.
It has to be to meet the building regulations.
Such an easy question to answer, Clare.
I really appreciate that.
Yeah, no, look, the cost of construction at the moment is realistically somewhere between 2,500 and 3,000 euros a square metre, which is... High.