Builders criticize Ásgeir Jónsson in Hafnarfjörður over interest rates

The board of the Master Builders Association in Hafnarfjörður has voiced discontent with central bank governor Ásgeir Jónsson following comments he made during a meeting where he announced unchanged interest rates. During his address, Ásgeir remarked, “Practically everyone capable of wielding a hammer is starting to construct now.” In response, the industrialists criticized Ásgeir for attempting to evade responsibility for the current situation by shifting blame onto others. They emphasized that those in the construction industry clearly understand that high interest rates are hindering the necessary development of residential housing. The builders are calling for an immediate increase in housing development, as a significant shortage of housing has led to rapid increases in both property and rental prices.