31 Dec Home Improvement at a Time of High Inflation
The rise in cost of building materials has been well documented in recent months with articles such as this one. And of course building materials are not unique, with nearly all products that we buy having gone up in the last 12-18 months. A lot of this is driven of course by transport costs due to fuel increases because of the invasion of Ukraine by Russia. So what does that mean for your bathroom renovation project? Should you hold off or go ahead with Home Improvement at a Time of High Inflation? Based purely on inflation you should probably just go ahead. Even if the inflation rate reduces, which it will, it is unlikely that prices will fall back significantly. Regardless of the headwinds facing the world economy there is still a lot of demand for home improvement and still a huge shortage of skills in the Irish...