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“It is not because the materials become 20% more expensive that a new building will also become 20% more expensive. But then customers, contractors and architects must dare to think outside the box,” says Jean-Pierre Liebaert of the Construction Confederation. — © BELGA
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Global prices for building materials are reaching record highs, with major consequences for construction and renovation projects. Real estate developers and contractors are trying to decide among themselves how best to absorb the increases. But without passing on to the customer, loss projects seem inevitable.
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