UK developers have reached a “tipping point” on building costs due to slowing construction and easing energy prices, according to one of London’s biggest housebuilders. housebuilders were hit with big increases to building costs as inflation pushed into double digits, weighing on the sector.
Joshua Oliver is a reporter with a focus on national news in the United Kingdom. His work has been featured in publications such as The Australian Financial Review, Financial Times, Yahoo Finance, Ars Technica, and Financial Post. Joshua covers a range of topics including the housing sector, commercial property, planning proposals, and social issues like homelessness and housing benefits.