Higher costs will hit housing targets and the National Development Plan
Wages in construction are rising quickly, which points to a potential overheating in the sector, the ESRI has warned
Wages in construction are rising rapidly, pointing to a potential overheating in the sector, the Economic and Social Research Institute (ESRI) has warned.
Construction wages are increasing to a much greater extent than in the economy as a whole, as the sector deals with the competing demands of building houses, retrofitting, and infrastructure projects.
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