Flood Building Delays
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What are the impacts of recent floods on new building projects?
It's The Real Estate Podcast, brought to you by Ray White, the largest real estate and property group in Australasia. And welcome to another episode of The Real Estate Podcast, available on iHeartRadio, also on Google and Apple Podcasts, or wherever you get your podcasts from. Well, as we know, it's been devastating with flooding across two states when rain thunderously pelted down. And I'm always impressed by the kindness, the determination and the spirits of the people that just rush in with that enormous cleanup. It's kind of like the Aussie way, isn't it? Just to roll up the sleeves and to get on with it. So to anyone, any volunteer, regardless of what you have done today, The community applauds you for the long hours and the bloody hard work.
So well done for all of that. And one of the flow-on effects the floods has caused is for people who are in the middle of a new build. And joining us this morning is an award-winning builder from Brisbane, Chris Munro.
How are builders adapting to delays caused by flooding?
G'day, Chris. Welcome to the Real Estate Podcast. Thank you for having me. And the water bombs being dumped across Brisbane and the level of the water line has been scary to watch. They say one in 100 year event back in 2011. But with this global warming, I think that we've probably got to stop saying that. That's correct. It's pretty crazy what's going on.
What specific trades are affected by the flooding crisis?
We didn't think this would be happening again. But yet again, here's this perfect storm with flooding. Now, you're a master builder. And as I mentioned, for people who are in the middle of a new build, the floods are going to throw completion dates in many cases right out the window, which can be extremely challenging for builders and owners to compromise on. So how much of a concern is all of that from what you're seeing? Yeah, it's troublesome times ahead in regards to timelines.
How will the flooding affect future building timelines?
We all know that the insurance companies are going to take away a lot of our finishing trades, and that's fair enough. But we just need to know then it's going to have a knock-on effect for us building, and we're not going to have those trades there at our hands at first sight. And so therefore, it's going to have a knock-on effect. So where we were originally taking, you know, six to seven months, we may be taking now nine to nine, 10, 11 months, just trying to get those trades. So when you're talking about finishing trades, can you just explain who that relates to in terms of how they're going to be taken away from completing a new build? So with finishing trades, we've got your plasterers, your painters, your electricians, your carpenters, cleaners, tilers.
So anyone that's finishing the job off, they're going to be affected by these floods because they're going to have to go in and refinish effectively these houses that have been damaged. Okay, so we've talked about people that are right now in the middle of a new build. What is the flood impact going to have on people that are about to start their new builds? I think we just need to, as a general public in the building, and that's why we're here today, is to tell people that it's going to take longer. We used to be able to build in six months. It's now going to take nine months to build a house. And that's just we need to lay out timeframes for things going wrong and not be able to get there.
What does 'working in reverse' mean in the context of building?
people going to other jobs in the floods and being held up. So it just needs a little bit of flexibility across the whole industry. And Chris, I heard that your company, Munro Design Homes, was working in reverse to deliver a house because of the shortage of materials and labour. What does that working in reverse mean exactly? With our critical trades, like a roofer or a frame, or even plumbers or certain trades you have lack of, We have to book them in first, and I think a roof was a great example of that. 2001, we had the hailstorms come out in Springfield, and we suddenly lost all our roofers. So we had to book in roofing trades first, and therefore we would then book in our frame because we knew of a date from there.
So you're communicating with your clients, ensuring that they're keeping up to date with supply times and deliveries.
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Chapters
7 chapters
1
What are the impacts of recent floods on new building projects?
0:02–1:07
2
How are builders adapting to delays caused by flooding?
1:07–1:30
3
What specific trades are affected by the flooding crisis?
1:30–2:00
4
How will the flooding affect future building timelines?
2:00–3:18
5
What does 'working in reverse' mean in the context of building?
3:18–4:27
6
What challenges do builders face with supply and labor shortages?
4:27–5:36
7
What advice should potential home builders consider during this crisis?
5:36–8:13
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