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How Americans Spent Their Money in the Last 75 Years
Topic Started: 13 Jan 2017, 11:51 AM (3,661 Views)
Jon Snow
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Bardon
21 Jan 2017, 10:57 PM
Except it hasn't.
Ok, whatever you say.
A Lurker
22 Jan 2017, 07:30 AM
I actually don't think we have a house construction issue in Australia.

We certainly do. It is deliberate policy, to keep neanderthals employed and off the streets. It's like a massive tax on the productive to stop the useless from thieving and killing.
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All types of buildings are available; relocatable, bespoke architectural, project etc. Technology to make buildings better and cheaper won't solve location desirability issues as Barton points out.
It's more complicated than "better and cheaper".
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I know a number of people who have left Sydney and set up businesses or provide consultancy services from affordable beach or hinterland locations. They fly-in-fly-out for meetings and do most of what they do on the computer and phone.
It's the change in communication technologies that have started this trend.
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House construction type doesn't matter to make this a viable alternative. It's not commoditising buildings that will drive any acceleration of this 'way of life'.
Well, that's your opinion and you are welcome to it.
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However, in my experience (partially as a business owner in Sydney) while people dream of escaping the city employees and employers actually like the social aspect of attending a work place and the ones that have built the personal and business connections to build a successful business (entrepreneurs) (and therefore employ others in these remote locations) are less likely to be the ones to actually leave the cities (even if they do talk about the desire to do so). As described above, it does happen but it is uncommon and I haven't seen much evidence of an accelerating trend.
People will follow opportunity. The cities won't suddenly empty, but they don't have to. A 10% loss of population in a city would invert the supply/demand ratio and the monopoly is broken. The systems of the modern world are very sensitive to small changes.
Edited by Jon Snow, 22 Jan 2017, 09:09 AM.
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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Ex BP Golly
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Bardon
21 Jan 2017, 11:37 AM
Wherever there is location demand the price of land will be bid up and will take all the profits and gains due to say cheaper building costs that have been created elsewhere in the productive economy.

The value of the land where the assets are made or someone chooses to put a house will appreciate in value, it has always been thus.
Bubble!
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Bardon
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Jon Snow
22 Jan 2017, 08:56 AM
People will follow opportunity. The cities won't suddenly empty, but they don't have to. A 10% loss of population in a city would invert the supply/demand ratio and the monopoly is broken. The systems of the modern world are very sensitive to small changes.
Yes they are and what would happen to the value of land in this new sought after mythical opportunity area that buyers would be chasing.
Ex BP Golly
22 Jan 2017, 09:36 AM
Bubble!
Balloon.

Bubble burst and there is nothing left.

Housing values slump and hold then reflate higher than before.
Edited by Bardon, 22 Jan 2017, 10:22 AM.
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Jon Snow
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Bardon
22 Jan 2017, 10:20 AM
Yes they are and what would happen to the value of land in this new sought after mythical opportunity area that buyers would be chasing.
What if it is 100,000 different areas, with plenty of land and no competition for it?
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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Bardon
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Jon Snow
22 Jan 2017, 04:28 PM
What if it is 100,000 different areas, with plenty of land and no competition for it?
It is still an increase in demand for land that was previously not in demand.
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zaph
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Bardon
22 Jan 2017, 04:50 PM
It is still an increase in demand for land that was previously not in demand.
Exactly.

Not many people want to live in Australia's cheapest land areas. That will not change with mobile homes or mobile workplaces. People want to live near other people. They want to be able to drive to the pub, supermarket, doctor etc - and in many cases want to be able to walk or get PT.
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Jon Snow
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Bardon
22 Jan 2017, 04:50 PM
It is still an increase in demand for land that was previously not in demand.
Do you realise that country towns compete for citizens?

Probably not.

zaph
22 Jan 2017, 05:00 PM
Exactly.<br /><br />Not many people want to live in Australia's cheapest land areas. That will not change with mobile homes or mobile workplaces. People want to live near other people. They want to be able to drive to the pub, supermarket, doctor etc - and in many cases want to be able to walk or get PT.
Somehow I imagined you putting on your pink tutu before writing that.

Bardon
22 Jan 2017, 04:50 PM
It is still an increase in demand for land that was previously not in demand.
Sometimes land owners are more in demand than the land itself.
Edited by Jon Snow, 22 Jan 2017, 10:52 PM.
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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