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Podcast: The Property Nomads Podcast
Episode: UK Housebuilders Facing Challenges - Big Recession Ahead
Description: In this podcast episode, Rob discusses the challenges currently faced by UK house builders. Citing falling demand, rising interest rates, labor shortages, and high material and wage costs, the episode highlights the difficulties smaller house builders are experiencing in particular. KEY TAKEWAYS UK house builders are facing challenges in the current market, including falling demand, rising interest rates, labor shortages, high material and wage costs. It is taking longer for people to sell their houses, resulting in longer exchange times for new home purchases. The rate of house building is slowing d...