2018 BDO Construction Survey
Housing & commercial prices must increase or construction firms will collapse - expert.
House prices and those of commercial property projects will have to rise, by about two per cent, if the country is to avoid the unpalatable sight of some construction companies going bust.
That's the opinion of James MacQueen, Advisory Partner in the construction and real estate sector for business advisory and accountancy firm BDO. He says margins in both residential and commercial sectors are squeezed so tight, they are not sustainable for many companies.
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