Business
The building boom is not done yet – The Australian Financial Review
A global surge in renovating and home improvements is driving demand for building products and could have a long way to go.
Speaking from his home base in the US city of Atlanta on Monday, Reliance CEO Heath Sharp says demand in the US market surged 20 per cent almost overnight in March 2020 as cocooning consumers fixed existing plumbing problems and made improvements to homes they were suddenly spending more time in.
In Britain, lockdown saw demand dive. But the end of the first wave brought a surge in pent-up demand from delayed repairs, and then a new wave of demand from renovations, which has continued; plumbers…
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