Belbo not saying what you are saying is wrong but as an ancedotal to counter your comments my brother in law is a high end reno builder on the north shore of Sydney who also owns a half share in a landscaping business that services very high end clients. Average reno contract is around $800k and a couple hundred k landscaping job is not uncommon. He is having a very good time of it at the moment much better than 2009 and 2010. I can tell from his line of credit balance!!
So perhaps it's not that bad
So perhaps it's not that bad