One third of housing developers ‘uncertain’ about recovery from pandemic

By Joey Gardiner2020-12-10T06:00:00

Exclusive survey finds 36% have made redundancies despite strong post-lockdown rebound

A third of senior housebuilding industry managers say they do not know if their business will be able to make a quick recovery from this year’s covid-19 pandemic, despite the strength of the housing market since the end of the first lockdown.

A survey of 450 senior residential development staff conducted exclusively for Building and sister title Housing Today by recruitment firm PSD also found that, for one in 20 firms, the pandemic had put the whole future in doubt.

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