Acute shortage of materials, price hikes and labour shortage
Construction Isle of Man says the Manx building sector is facing a 'perfect storm'.
Companies are dealing with acute shortages of basic materials - such as wood and plasterboard - coupled with soaring prices and a labour shortage.
Chairman Brian Butler believes the situation is critical:
A local builder has echoed the concerns.
Gary Dudley, of JR Dudley & Son, says price hikes are making life increasingly difficult:
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