A real estate consultant has expressed concern about the escalating cost of construction materials, observing that this is ultimately impacting the cost of housing. Day by day, the cost of housing is becoming less affordable for middle- and low-income persons, especially in urban areas like Lusaka. Industry experts have questioned why the drop in inflation to a single digit has barely affected the cost of construction materials which they say it remains significantly high. Speaking in an interview with the Zambian Business Times— ZBT, Platinum Consulting Limited Managing Partner Christopher Mulenga revealed that most developers are under strain to meet...
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