{"id":159451,"date":"2021-06-08T06:15:55","date_gmt":"2021-06-08T10:15:55","guid":{"rendered":"https:\/\/dr1.com\/wordpress\/?p=159451"},"modified":"2021-06-08T10:07:20","modified_gmt":"2021-06-08T14:07:20","slug":"major-increase-in-building-costs","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2021\/06\/08\/major-increase-in-building-costs\/","title":{"rendered":"Major increase in building costs"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"600\" height=\"383\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2021\/06\/Materiales-de-construccion-Listin-Diario-e1623161228396.png\" alt=\"\" class=\"wp-image-159542\"\/><\/figure><\/div>\n\n\n\n<p>The prices of lumber, rebar, zinc, aggregate and other construction materials is up more than 50%, reports the Dominican Federation of merchants. It calls on the Ministry of Industry &amp; Commerce to meet with hardware stores and importers to find a solution to the rising cost of construction. In the case of lumber, prices are up more than 200%.<\/p>\n\n\n\n<p>Listin Diario reports that a bag of cement that cost RD$360 in January 2021, in June is costing RD$398.00, an increase of 5.56%. A bundle of rebar that cost RD$44,500 is now priced at RD$71,000, while the cubic meter of aggregate has varied from RD$750.00 to RD$1,160.00.<\/p>\n\n\n\n<p>The foot of wood has gone up from RD$40 to RD$130 per foot, for an increase of 225%.<\/p>\n\n\n\n<p>Other products that have experienced increases are the 6&#8243; block that went from RD$3,025 to RD$3,150, the gallon of paint from RD$1,040 to RD$1,247 and zinc from RD$160 to RD$240.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/listindiario.com\/la-republica\/2021\/06\/07\/673801\/precios-de-madera-varillas-zinc-y-agregados-suben-mas-de-50-\">Listin Diario <\/a><\/p>\n\n\n\n<p>7 June 2021<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prices of lumber, rebar, zinc, aggregate and other construction materials is up more than 50%, reports the Dominican Federation of merchants. It calls on the Ministry of Industry &amp; Commerce to meet with hardware stores and importers to find a solution to the rising cost of construction. In the case of lumber, prices are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2021\/06\/08\/major-increase-in-building-costs\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[290,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/159451"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=159451"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/159451\/revisions"}],"predecessor-version":[{"id":159543,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/159451\/revisions\/159543"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=159451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=159451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=159451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}