2023-05-28T1829H UTC+8: Construction Materials Inflation

The price for the construction materials is unbelievable. I started asking if the decision to build the cottage was right because it started to go over the budget with some material price ratio of the old and current going up to 58.4%. Maybe the inflation has something to do with this but increase is way beyond the projected 6.6% to 7.6% but it could be a matter of supply and demand because the area now is slowly becoming a tourist spot and the implicit consequence are the building of local cottages around the beach.