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Substitute the word “lockdowns” for the word “pandemic” and you’ve nailed it. It’s too simplistic to attribute lockdowns as the reason why we are not getting cable from China at the same price as we used to.All the lockdowns slowed everything up. And gave shipping companies a good chance to exploit desperation for goods.
Shipping basically trippled. Minimum I have found have doubled. Materials went up 20-50% in a short time. I know cable prices went up about 75%. Almost double.
Lockdown also meant no people coming in. Wages went up as people who had work become desperate to complete jobs.
It is now at a stage where renovations and cost to build a house is 40% more in the space of 12mths. I reckon a lot ofmpeople buying old run down places have little idea what the costs are involved to repair.
Wages went up because supply v demand. You can blame demand, but who sets the price for trades supply ? Your brethren. Who sets the price of cable at the AU warehouse when demand outstrips supply ? In an inflationary market there are always winners and losers. It’s just that the losers outnumber the winners, until the market shinks to the point where demand outstrips supply.