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AAP

Jacob Shteyman

HISTORICAL FACTS: Housing affordability blow as construction costs go up - Caught on Camera

Thousands of construction companies have become insolvent since building costs shot up. (Bianca De Marchi/AAP PHOTOS)

When COVID-19 disruptions caused inflation to shoot up, so did the cost of building new homes.

So, as inflation returns to normal, why are construction costs accelerating again?

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