brickonomics

Brickonomics, written by Brian Green, takes a critical look at construction, housing and property data to seek a better understanding of the economic trends.

[RIBAJ @RIBAJ]

A fragile UK economy has traditionally spelt particularly bad news for the construction industry but, wonders @brickonomics, could the need for a complete overhaul of the built environment offer hope for architects https://t.co/jK8fok3ZC7 #ribajintelligence

[brickonomics @brickonomics]

@TorstenBell @resfoundation Sorry, not clear. How much is not going to university, how much is not going home after but to places where graduates get better jobs or prefer to live? Even when I went to university decades ago the pull on graduates to London or major cities was huge

[Noble Francis @NobleFrancis]

Interesting piece on the slowing home improvement market, partially offset by strong energy efficiency (insulation & solar/PV) measures & working from home, plus the issues with the official rm&i data.
@brickonomics in @RIBAJ.
#ukconstruction #ukhousing
https://t.co/DUmCoGKqZx

[brickonomics @brickonomics]

@I_Am_NickBloom Interesting. Thought. Is it possible to adjust for selection effects. Say, those in jobs where out-of-hours engagement is expected being more likely to be hybrid working? E.g. those provided with some flexibility to account for the type of work but not total flexibility?

[Torsten Bell @TorstenBell]

The pain from the coming mortgage crunch is bigger than that of the late 80s - but the pain is more concentrated onto 30% of families (because older people are more likely to own outright and younger people less likely to own at all) https://t.co/ZEnKZA8bf1

[RIBAJ @RIBAJ]

What boroughs have the most architects, and how does this compare with other professions? @brickonomics examines the latest census data to find out what it tells us about the architecture profession #ribajintelligence https://t.co/fhAZ5bKket

[Noble Francis @NobleFrancis]

Private housing repair, maintenance & improvement (rm&i) is now the 2nd largest construction sector according to the ONS (although the ONS data appear to have deflator issues, so the ONS appears to be overestimating volume of activity in the sector).
#ukconstruction #construction

[Noble Francis @NobleFrancis]

UK construction materials prices in March 2023 were 8.7% higher than a year ago according to the Office for National Statistics (ONS), which is lower than the 10.6% materials price inflation in February &... (1/n) #ukconstruction #construction #materials #inflation

[CIOB @theCIOB]

Quarter of a million people are needed in construction by 2027 but public perceptions mean too many overlook it as a career. Our Real Face of Construction report reveals that economic growth is under threat unless worker shortages are addressed. https://t.co/OVo33vjKI0

#ciob

[Financial Times @FT]

The problematic rise of the ‘ultra-marathon’ mortgage https://t.co/cjePwpe90U | opinion

[RIBAJ @RIBAJ]

As other professionals take industrial action, @brickonomics examines how architects’ pay compares with that of other white-collar workers #ribajintelligence https://t.co/9RzHKmjY8U

[RIBAJ @RIBAJ]

The rise in home-working has raised fears that office buildings will become “stranded assets”, becoming a liability for the investor. But architects’ skills at adaptive reuse could save the day, writes @brickonomics #ribajintelligence
https://t.co/xqojOZ7SCc

[brickonomics @brickonomics]

@PricedOutUK What you link to does not appear to be a Guardian article but a letter to the Guardian complaining about a Guardian article. Have I missed something?

[Dario Perkins @darioperkins]

Gotta piece into today's FT.
https://t.co/XGdoeMiCMA

[Noble Francis @NobleFrancis]

308 construction firms became insolvent in the UK in September 2022, which is 8.9% lower than in August but 6.9% higher than a year ago according to the Department for Business, Energy and Industrial Strategy (BEIS). (1/n)
#ukconstruction #construction

[Institute for Fiscal Studies @TheIFS]

NEW: While rates of poor health in the population are increasing, our research shows this is not the key driver of increase rates of older people leaving work for economic inactivity.

Read @JCribbEcon and Bee Boileau's briefing> https://t.co/qyFmvvbNyu

[Noble Francis @NobleFrancis]

A long thread on the initial direct & indirect impacts of the chaos in the markets over the past week on UK house building & construction ...
#ukconstruction #construction #ukhousing #housing

[Ben Chu @BenChu_]

Featuring @ianmulheirn and @resi_analyst 👇

[brickonomics @brickonomics]

@ChrisGiles_ @ONS What interests me more is why the share of 65+ is not bigger given a rising state pension age and the current 65 yo group representing about 3/4 m people (boomers). I sort of accept a bit of bouncing in the data q/q given the challenges with LFS during a disruptive period

[brickonomics @brickonomics]

Naturally, I am rather hoping I am wrong in my interpretation

[brickonomics @brickonomics]

Just comparing latest ONS real earnings data with BoE's A millennium of macroeconomic data. Charting 10 yr growth data, the sustained period of suppressed real earnings since 2008 looks like the worst for at least two centuries, maybe longer. We're in very odd and worrying times.