In short: The Real Estate Institute of Queensland says high-paying government projects are pushing up the cost of construction.
An economist says growing wages are a contributing factor, but growing material costs, labour shortages, and excessive government regulations are in the way of development.
What’s next?: The government has vowed to build 55,000 social houses by the year 2046.
Crazy how the wealthiest people in society are all those over paid tradies
vividspecter@lemm.ee 8 months ago
It’s the unions, I knew it was them! Even when it was decades of government policy supporting housing as an investment vehicle, I knew it was them!
abhibeckert@lemmy.world 8 months ago
Some CFMEU union jobs pay $120 an hour to… stand around and chat with your colleagues.
For example they just fixed a water leak under the footpath outside our office. It took about 3 months and there were often five workers standing around doing almost nothing at all for days at a time.
When I had a water leak at home, we didn’t call a union construction company, we called a sole trader. It took one guy two hours to fix the leak, and he charged his “emergency work” rate, which I’m pretty sure was cheaper than a CFMEU minimum wage salary for someone who’s job is to spend half his day standing next to a “footpath closed” sign and the other half of the day on a “break” while standing int he same spot chatting to the person who relieved you from your apparently stressful job.