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  1. MichaelW

    Australia's Forthcoming Construction-Led Property Boom

    Did you mean early 2013? I don't think early 2012 can be claimed as the start retrospectively given our current state of affairs and even early 2013 is a bold call... Building approvals fall against expectations in Jan Housing approval numbers to fall short of RBA expectations And...
  2. MichaelW

    Australia's Forthcoming Construction-Led Property Boom

    Hi TF, That may be true, but we're still experiencing record levels of sales in Sydney following the FHOB cut-uff. I can't speak for other cities, but think I read similar statistics for Melbourne. Records despite falling clearances In Sydney in May we had another record month for...
  3. MichaelW

    Australia's Forthcoming Construction-Led Property Boom

    Great! Come tender for some of the subbie work on my $1.3M build I'm kicking off next month in Mona Vale. All the other subbies are quoting astronomically high rates. And here I was thinking times were tough out there for trades... Cheers, Michael
  4. MichaelW

    Australia's Forthcoming Construction-Led Property Boom

    Shadow, Kay and I went to one of those "home town" type places where builders showcase their properties in a new release. It was down the Gold Coast way and we went to have a look to get some ideas for the internal fit-out for Mona Vale now its being tendered. Anyway, couldn't believe the...
  5. MichaelW

    Australia's Forthcoming Construction-Led Property Boom

    I think they'll have the cash. Here's a nice post by Blue Card on that question: http://www.somersoft.com/forums/showpost.php?p=583785&postcount=146 Cheers, Michael
  6. MichaelW

    Australia's Forthcoming Construction-Led Property Boom

    Mate, I get accused of being blindly optimistic myself quite regularly so have cut back on my "positive posts", but I can't fault that prediction. We are fundamentally massively under-supplied at present and the situation is set to worsen. Something has to happen to correct the imbalance...
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