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Construction industry slams costs, ignores land

Construction industry slams costs, ignores land | Building Buddy News Bytes | Scoop.it
By Leith van Onselen The Herald-Sun has today run an article lamenting escalating construction costs, which is causing stagnation across Melbourne's building industry: By most accounts, the state's property and construction sectors are stagnating,...
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House sizes falling after decade-long rise

House sizes falling after decade-long rise | Building Buddy News Bytes | Scoop.it
House sizes increased half a percent a year since 2001, five times the rate of apartments, according to RP Data.
The average area of a new house across Australia increased from 227.50 square metres to 241.10 square metres from 2001 to 2013.
Building Buddy's insight:

Some welcome, long overdue ... news of something sensible happening in the housing market.

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Investors help lift property market out of the slump

Investors help lift property market out of the slump | Building Buddy News Bytes | Scoop.it
Historic low interest rates, cheaper prices, negative gearing tax deductions and eased superannuation rules are encouraging Australians to plough their money into housing. But at what cost to first home buyers?
Building Buddy's insight:

We know! Super funds are flooding the property market, and pushing everybody else out. There is only one way to characterise is it; "misdirected capital".

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Housing policy reform: Do we have a changing landscape?

Housing policy reform: Do we have a changing landscape? | Building Buddy News Bytes | Scoop.it

Taxation of property should be progressive, discouraging practices such as land banking, and using property merely as a speculative investment. ...

... rising property prices are not so much the golden egg of economic growth, but rather a burden weighing on the progressive future of younger generations.  


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