What about construction costs? In the US costs have gone up due to: - Tariffs which affect steel and timber - higher wage costs due to low unemployment (perha

What about construction costs? In the US costs have gone up due to: - Tariffs which affect steel and timber - higher wage costs due to low unemployment (perhaps the most benevolent of the list) - a construction boom in certain areas (Brooklyn comes to mind) leading to a scarcity of construction professionals being available I'm sure 'new construction' costs being high affects the prices of second-hand properties, which scale up. Even more so if they're renovations.