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Economic Multiplier Effect of Housing - $1 spent on construction generates $3 in general economy
Topic Started: 3 Aug 2013, 11:34 AM (11,499 Views)
Drgonzo
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Dr Watson
17 Jul 2014, 02:17 PM
What do they do?
they design buildings, not houses - there is a difference.
Edited by Drgonzo, 17 Jul 2014, 02:31 PM.
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b_b
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Drgonzo
17 Jul 2014, 02:31 PM
they design buildings, not houses - there is a difference.
?

http://en.wikipedia.org/wiki/Alex_Popov_(architect)
(S – I) + (T - G) + (M - X) = 0
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Dr Watson
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Drgonzo
17 Jul 2014, 02:31 PM
they design buildings, not houses - there is a difference.
They do design houses. One was used to design the house I live in.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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Massive
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Dr Watson
17 Jul 2014, 02:42 PM
They do design houses. One was used to design the house I live in.
and more would be used if affordable land was more readily available. Majority of new sites are filled with project homes budgeted to maximise floor area, offsetting cost of purchasing land with cheap consultancy and finishes.

( However on the flip side, with land sizes getting tighter and tighter, architects are invaluable in unlocking the most potential in a house to suit your desired lifestyle in minimum amount of space )
Edited by Massive, 17 Jul 2014, 02:53 PM.
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Dr Watson
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Massive
17 Jul 2014, 02:51 PM
( However on the flip side, with land sizes getting tighter and tighter, architects are invaluable in unlocking the most potential in a house to suit your desired lifestyle in minimum amount of space )
Yes ... the block I live on is an unusual shape and I suspect the developer used an architect because of that ... and the volume builders probably didn't have a template for it. The volume builders are fine when you stick to their script exactly ... but the moment you deviate from it you have a problem.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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Drgonzo
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Dr Watson
17 Jul 2014, 02:42 PM
They do design houses. One was used to design the house I live in.
most houses you buy from a residential builder are standard designs, they then get a drafty to make necessary modifications to suit the block.

architects are typically engaged on larger projects, either residential or non-residential.
b_b
17 Jul 2014, 02:41 PM
i suppose you think the housing construction boom Shadow refers to is going to mean mums and dads and first home buyers are going to rush out and buy these? these are prestige homes that would be architecturally designed and would cost more than the two hundred grand most people part with to go through metricon or someone like that.
Edited by Drgonzo, 17 Jul 2014, 04:05 PM.
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Ex BP Golly
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Shadow
3 Aug 2013, 11:34 AM
This is why the RBA wants house prices to rise and lead to a construction boom.

Housing construction employs architects, builders, plumbers, electricians, as well as the people who supply the raw materials for building. The houses require furnishing, whitegoods, TVs, generating business for many companies. Then you've got the extra business for real estate agents, brokers, lenders, solicitors etc.

For every dollar spent on construction, three dollars worth of activity are generated in the overall economy...

http://www.abs.gov.au/Ausstats/abs@.nsf/94713ad445ff1425ca25682000192af2/ed6220072793785eca256b360003228f!OpenDocument

Given property investors predominantly buy existing stock, property infestors play little to no role in this, and at best can only be counted as part of that additional $3 spend.

Just what is the point you are making here Shadow?

Once question you fuckers are failing to pull your weight in the national economy?

WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Dr Watson
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Drgonzo
17 Jul 2014, 04:03 PM
most houses you buy from a residential builder are standard designs, they then get a drafty to make necessary modifications to suit the block.

architects are typically engaged on larger projects, either residential or non-residential.

i suppose you think the housing construction boom Shadow refers to is going to mean mums and dads and first home buyers are going to rush out and buy these? these are prestige homes that would be architecturally designed and would cost more than the two hundred grand most people part with to go through metricon or someone like that.
Architects won't be used in the majority of cases. But the original statement was not qualified which is why I challenged it. Architects do design some houses. Whether you want to call it a custom build / private build / grand designs ... there are certain circumstances under which architects are engaged to design houses. It's typically when someone wants to be in control of how their home is built and doesn't want to be scrapping with a volume builder over every little design alteration.
Edited by Dr Watson, 17 Jul 2014, 04:09 PM.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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A Lurker
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Dr Watson
17 Jul 2014, 04:07 PM
Architects won't be used in the majority of cases. But the original statement was not qualified which is why I challenged it. Architects do design some houses. Whether you want to call it a custom build / private build / grand designs ... there are certain circumstances under which architects are engaged to design houses. It's typically when someone wants to be in control of how their home is built and doesn't want to be scrapping with a volume builder over every little design alteration.
If you are not living in an architect designed home, you're just camping out.
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Ex BP Golly
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Shadow
3 Aug 2013, 11:34 AM
This is why the RBA wants house prices to rise and lead to a construction boom.

Housing construction employs architects, builders, plumbers, electricians, as well as the people who supply the raw materials for building. The houses require furnishing, whitegoods, TVs, generating business for many companies. Then you've got the extra business for real estate agents, brokers, lenders, solicitors etc.

For every dollar spent on construction, three dollars worth of activity are generated in the overall economy...

http://www.abs.gov.au/Ausstats/abs@.nsf/94713ad445ff1425ca25682000192af2/ed6220072793785eca256b360003228f!OpenDocument

Given property investors predominantly buy existing stock, property infestors play little to no role in this, and at best can only be counted as part of that additional $3 spend.

Just what is the point you are making here Shadow?

Other than- you fuckers are failing to pull your weight in the national economy?

Edited by Ex BP Golly, 17 Jul 2014, 05:03 PM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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