latest articles
- More deals in 'booming' buy-to-let market
3rd February 2012 - Influx of requests to 'Gran's bank'
3rd February 2012 - UK property price fall 'slowing'
2nd February 2012 - UK mortgage underwriting scheme extended
2nd February 2012 - Housing market 'favours buyers'
1st February 2012 - Expats 'miss UK countryside the most'
1st February 2012 - Six lenders offer 80% LTV option
31st January 2012 - Chelsea launches 3.19% fixed mortgage
31st January 2012 - Mortgages cheaper than renting
30th January 2012 - Capital property market robust
30th January 2012
LIST ALL ARTICLES
Assetz® Property News Service
Property sector 'could lose construction workers'
BACK
PRINT
Predictions that as many as 68,000 construction workers could lose their jobs because of government cutbacks are "certainly realistic", an expert has said.
Director of external affairs at the Federation of Master Builders Brian Berry suggested that such a situation could have a major impact on the UK property sector as fewer new homes would be built.
The recession of the early 1990s had a similar effect and the loss of a skilled workforce led to such vacancies being filled by eastern Europeans a few years later, he stated.
Mr Berry argued the government should help to prevent this by giving help to building firms to take on apprentices.
He noted: "It is difficult in the current market for an employer to take on apprentices given job security and falling demand for construction."
Investors in rental property may find a lack of new homes supply caused by falling construction output increases demand for rental property.
The prediction of 68,000 job losses was produced this week by the Construction Skills Network, which had previously forecasted in January this year that 2010 would see 38,000 posts go.
PREVIOUS ARTICLE
Assetz® is a UK and International Property Investment Specialist. Please visit our property sites shown below.
Accessing the news service
You can view all of the Assetz® UK, International and UK Property Investment Articles and News here.
We also provide an 
Feed of
the news service, or you can view all articles. Click
here to view more information on RSS readers and how they make reading online news more convenient.
XML and other types of publication of this article title and the URL of this page are permitted using the RSS feed or other methods.
Article content strictly prohibited from duplication on any other site directly other than first paragraph included in the XML feed.
Copyright © 2001-2012 Assetz® News Limited. All Rights Reserved | Company Information | Assetz®
HomepageAssetz House, Newby Road, Hazel Grove, Stockport, Cheshire, SK7 5DA
TEL (UK): 0161 456 4000 FAX: 0161 482 7588
TEL (International): +44 161 456 4000 FAX: +44 161 482 7588
