I subscribe to a financial magazine called Barrons over here in the US. This article dated 9/13/24 is titled "The Housing Market Won't Get Better- Even With Rate Cuts and Harris' Plan." Unfortunately, it is behind a pay wall but here is the meat of the article-
"One big hurdle is that new housing isn’t coming fast enough. Even if construction ramped up to 1.1 million units a year, it would take until at least 2029 to reduce the country’s housing shortage, says National Association of Home Builders economist Danushka Nanayakkara-Skillington.Why aren’t builders stepping up? One reason is labor shortages, including skilled tradesmen like electricians and plumbers. Builders also say their margins are getting squeezed by higher labor costs, tariffs on raw materials like lumber, and rising land prices. Concerns about a slowing economy are weighing on builder confidence, and low affordability points to a “coming slowdown” in housing starts, according to Sløk"
It seems like an ideal situation for a brick laying robot from Australia one would think...
- Forums
- ASX - By Stock
- FBR
- New Video: Build 1
New Video: Build 1, page-237
-
-
- There are more pages in this discussion • 183 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
-0.001(2.27%) |
Mkt cap ! $207.4M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.2¢ | $164.8K | 3.774M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1959402 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 1199999 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1667783 | 0.042 |
10 | 1073951 | 0.041 |
11 | 691725 | 0.040 |
9 | 302240 | 0.039 |
4 | 1231578 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 1199999 | 4 |
0.044 | 1100000 | 3 |
0.045 | 1136809 | 8 |
0.046 | 917410 | 3 |
0.047 | 105239 | 3 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
FBR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online