Why the price of your house can be (much) higher than agreed: “2 out of 3 construction companies already use a price clause to cover themselves” | News

Bricks: 8% more expensive. Insulation: 33%. PVC: even 46%. The war in the Middle East is driving up the prices of building materials, and the sector is hedging. 6 in 10 construction companies now work with a price review clause, and those that do not do so are increasingly using daily prices. What does such a clause entail? And will prices fall again now that Iran and the US have an agreement? “Corona. The energy crisis. The war. You don’t know what will be next.”