Living

Home Renovations Turn Painful as Inflation, Shortages and Delays Add Up

Homeowners are spending a lot more money and time to remodel their homes amid a global shortage of contractors and materials.

Ashley Nader bought a fixer-upper three-bedroom home in January not realizing access to finding cheap materials would be such a problem. 

Photographer: Scott McIntyre/Bloomberg

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People looking for a quick home renovation are increasingly finding themselves frustrated, over budget and living in a mess.

A combination of pent-up demand, overburdened contractors, shortages of materials and delays in the supply chain has turned home remodeling into an unusually costly and time-consuming affair for people around the globe.