Australia's largest stock trading and investment forum Australia's #1 stock forum

Lying failure….., page-106

First 106 Last

Share
Profile

Follow
pintohoo

83,919 Posts.

75

12/06/24

18:10

Post #: 74284077
Share

Originally posted by Scott th Ratbag ↑

"The average price of a house has gone up about 30-40K thanks to a new Building Construction Code". ..according to th claims made by the construction industry, its because of the huge increase in the cost of materials post-covid, and the cost of transport.

what state are you in? the 1 yr old Lab govt in NSW has repaired the manifest problems associated with the LibNats removing both the building code and the privatisation of the building inspectorate. this resulted in several apartment buildings being shut and classed as "at risk". as well many housing developments also being found to have numerous construction flaws. enough to have some houses assessed as needing a total rebuild.

I don't have a problem criticising any Lab govt, but lets face it the right here do a tremendous job or criticising the Labs here, often without cause and using lies instead of facts.

as for supply and demand, the supply for housing construction has dropped alarmingly. this in itself forces up the price of new housing.

demand is very high but housing approvals continue to fall.

Expand

“demand is very high but housing approvals continue to fall.”

suggests systematic collapse
2 Upvote

Reply

Top Stories

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

ASX Market Open: US inflation hits 3%; local futures indicate fresh all-time-high | 12 July 2024

There are more pages in this discussion • 27 more messages in this thread...

First 106 Last