• albert180
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    9 hours ago

    If you think the price of Steel is the reason housing is expensive I have a Bridge to sell you

    • Jimius@lemmy.ml
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      8 hours ago

      No, of course it’s not the sole reason, but cost of materials is a factor. Also if there is a pro-longed cease-fire in Ukraine, the amount of materials needed for reconstruction is immense and drive up prices. Meaning stockpiling cheap steel right now would make sense.

      • albert180
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        8 hours ago

        Yes, but it’s also far from the being the biggest factor.

        Ground Speculation, insufficient or new construction of Social Units and a massive shortage are the reason. If Steel would be free tomorrow they wouldn’t rent you a new unit 1€ cheaper. Because they price them at what people are able to pay. Not on the costs they have