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  • Profile photo of yngwieyngwie
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    @yngwie
    Join Date: 2004
    Post Count: 5

    Chefman, I do not post here much either but surely Scamp has much entitlement to an opinion as you do. To debase the whole thread by swearing really reveals more about you than it does Scamp. I sit in the middle of this whole thread as I do believe houses are overvalued but I doubt we will see wholesale crashes, particularly in the inner city areas. The point Scamp raises about property prices as a ratio of average salaries is very valid; for instance, the average Aussie pay is $57,324 (http://www.news.com.au/business/story/0,23636,22763090-462,00.html) whereas Sydney's Median house price is $565,161. (http://www.rpdata.com/derivatives/hedhist.html). This is a touch under 10 times. Our ability to borrow money, repay that money and consequently buy the home we want is totally dependent upon our salaries, interest rates, economic conditions etc. Even the most ardent of property investors would be cautious with such obvious signs to the contrary in the current climate of high interest rates, rising living costs, fuel prices etc. Please play the ball and NOT the man in any future posts.

    Profile photo of yngwieyngwie
    Member
    @yngwie
    Join Date: 2004
    Post Count: 5
    BuilderBob wrote:
    god_of_money wrote:
    Yes I do agree with you BuilderBob..Your story is builder's story..
    how about consumer's story..
    Look at so many unfinished project… due to dodgy builder..
    I am sure that the loss on the consumer side is much greater than builder side.

    Do you think the BSA sides with the builder ..lol I wish even though we pay them thousands in fees yearly.
    You can log onto the BSA and pull up all sorts of details about builders and problems they might have had.
    I have lost count on how many times clients 5-6yrs later have lodged a complaint against a builder claiming all sorts of BS in an effort to get a free paint job inside and out all because they want to put the house on the market and cash in.
    Or they know they are running out of time to hold the builder responsible for their own neglect of a IP and want a spruce up at the cost of builder.

    Staying away from a dodgy builder is very easy, and having the work corrected is just as easy.
    Builders need their licenses to stay in business and they just cannot go down the road and obtain a new one.
    There are so many hoops builders have to jump though it's a joke.

    An example this week for me , my guys erected fences around some units 3 years ago , and the client expects us to repair all the gates that have been flapping in the wind and have damaged catches.
    Included in this is damage to walls from padbolts being extended as the wind blew them open and closed.
    These gates worked perfectly 3 yrs ago and if I don't repair them he will file a complaint with the BSA and include some other rubbish to make it worth his time.

    Now who is really getting the short end hhhhmmmm?????
    Greedy investors with no morals to make a few extra bucks by riding others…

    BuilderBob, you are so right. That is why my dad got out of building houses (too personal for the owner) and now works in office fitouts (these get knocked down each time a new tennant moves in which for one job was 6 months!).
    As your own home is your dream, people expect the unexpected. My best mate, who is not involved in the building game, thinks it is the builders fault when after a few years tap washers give up, also where the cornice has slightly separated from the ceiling due to movement (the drought has not really helped here) and somehow this is a structural crack. COme on people, certain things are outside the builders control.

    Profile photo of yngwieyngwie
    Member
    @yngwie
    Join Date: 2004
    Post Count: 5

    Thanks Wallflower for your quick reply.

    Kind Regards

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