All input costs to rise as the post COVID-19 scenario unfolds to the ‘new normal’
The fundamental premise of Supply & Demand has been changed dramatically!
Long term – Architectural design guides for public and private buildings shall require updating to adhere to social distancing requirements thus increasing the relative floor area required if other factors are to remain constant.
Short/medium term – All input costs, Labour, materials and plant shall rise accordingly. Values shall not necessarily rise, and shall in many instances, fall, as the High Street is finally abandoned for the Online Street !
More to follow !