Building material costs - will they go back down?

[LAlexander7]

Given cost of living, inflation etc are materials likely to come down in price? Surely projects will just cost too much money and it will have a knock on effect in construction.

Or is this just as likely as a flying pig.

No

Not for new materials but I think there will be more second hand stuff being sold. Eg. People recycling tiling, bathroom fittings etc.

My friend us a builder and he said a huge brickworks shut down. This was pre covid and was affecting supply back then, I can’t see prices falling.

No , we will be lucky if they just stop rising s fast

Surely prices will have to come down as manufacturing costs go down and demands slows.

God I hope so, but I fear unlikely

A lot of the materials come from China and are affected by a combination of the huge increase of getting a shipping container round the world and the effects of factory shutdowns in their recent Covid surge.

The latter is temporary but I'm not sure about the former. It's come down 25% since last autumn but is still five times the pre-pandemic rate. Changes in the cost of shipping fuel will have an impact of course.

Nope .
we need to learn to recycle more and think about how we are disposing of non fashionable items
the day will come when we are raking through landfill for timber .

I totally agree - although I've always been a second hand person so I personally don't want second hand stuff becoming more valuable - but we need it for the sake of the