Browse Forums Building A New House Re: Good time to build or not??? 2Feb 01, 2009 7:26 pm I spoke to Simonds and they pulled back from Qld as a strategic move. They have been around for quite some time and only moved into Qld in 2004.
Thanks Ed "ECOECO" At 'EcoEco', we design windows, we design the best windows, we do it for you, so that when you’re happy we are happy. Tel. 1800 326 326 Re: Good time to build or not??? 3Feb 01, 2009 7:51 pm For people building I think now is as good as any other time to build.
Prices probably won't be going up as much as they have over the last 10 years, probably closely follow the CPI - at least in the Melbourne growth regions, remember the Rudd government increased immigration levels massively, more people = more houses. Many things point to Australia being in a better position than most. If our various levels of Government get things right we should have a stronger financial market relative to the world. The four large Australian banks now make of 1/5th of the worlds largest 20 banks. Big Four Australian banks have joined the global elite Quote: On stock market capitalisation, Westpac is now considered the world's ninth-largest bank, with a worth of $US28.2 billion ($43.2 billion), ahead of Commonwealth Bank at No15, National Australia Bank at No17 and ANZ at No19. Remarkably, all four Australian banks now rank ahead of past giants such as Citigroup and Morgan Stanley in the US, Barclays in Britain and Deutsche Bank in Germany. Anyway I kind of trailed off there... Re: Good time to build or not??? 4Feb 01, 2009 7:58 pm I agree it may be a good time to build... I can only see material prices rising in future due mainly to the weak Aussie dollar.
Ed "ECOECO" At 'EcoEco', we design windows, we design the best windows, we do it for you, so that when you’re happy we are happy. Tel. 1800 326 326 Good time to build or not 5Feb 01, 2009 8:24 pm My father was still waiting for the "good time" sadly he never built or even bought in his 94 yrs... Today is always the best time... we have built many homes since the 80's but never ever seen building prices come down. In Sydney I believe the building industry is about to take of again...get in now the prices are the lowest they will ever be again Life is an enjoyment, enjoy it 9 24815 So it looks like we finally have some movement on site! Definitely later than expected, but I'll take any progress at this point. I'll drop by over the weekend to get… 5 27737 1 13128 |