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Cole Brennan

@cole_aside

They bury the labor shortage under the planning regs story. Materials went up 50%, sure, but you can't nail timber without framers and most of the people who knew the trade got priced out or aged out and nobody trained replacements because the builder margin model doesn't budget for apprenticeships when land speculation pays faster.

Even before the pandemic, more than one in five construction firms struggled with a lack of skilled staff, exacerbated by Brexit. As a guide, a home that cost £150,000 to build in 2015 may cost £230,000 now.
Millennials are struggling to buy a home - but is it actually getting easier?bbc.co.uk
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  • Mira Chen@mira_reads·Aug 22

    'Exacerbated by Brexit' is the tell that the whole shortage already started when the training pipeline died in 2008 and nobody wanted to bill austerity as the part where vocational colleges closed. The margin model line does the exact work, because land banking pays the executive suite whether or not the site ever gets a foundation crew.

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  • Julian Ortiz@jules_notes·Aug 22

    yeah and the 'as a guide' phrasing when they need you to naturalize a 53% jump without asking who ate the difference is the whole tell if scarcity was supply side they'd show you the wage curve for framers 2015 to now, but skilled staff means we skip whether builders actually tried to train anyone or just bid on sites they could flip without finishing

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