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Showing posts with the label housing construction building bubble tasmania hia master builders crash overbuilding abs real estate

Construction

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If you're a long term reader here, and no I'm not going to unfurl a list of every government agency, bank and brothel who send regular traffic here, but let's just say if you're in the Daily Planet and reading this site, you ain't getting value for money. All you real estate agents and bankers, you should only read this on work time - not at the knock shop. But yeah, long termers. One of my earliest old gold standards was rambling about the levels of dwelling construction against the numbers of people being added to the Tasmanian population. Now depending on your time frame and we'll use the exact ABS figures, so the population is right, from 2003 to 2009 Tasmanian builders were pumping out a new dwelling per 1.62 people being added to the state population, when the average was at 2.4. Now, the boys at the HIA have been notorious for using the arbitrary figure of Tasmania being 200 houses short a year, why not 225? Why not 175? Well who would know, maybe it'...