Strong economic headwinds combined with materials shortages had banished certainty and trapped builders between rising prices and decreasing access to finance, said Kristen Beadle.
She said CPA Australia members told of cost-squeezed builders in the middle of renovation work trying to renegotiate to cover rising prices, only to find home owners constrained by loan-to-valuation ratios or their inability to service a bigger loan with interest rates rising.
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