HVN

1.09%

$4.64 harvey norman holdings limited

Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-298

First 298 Last

Share
Profile

Follow
MarsC

2,589 Posts.

127

03/01/18

15:39

Post #: 30014772
Share

Originally posted by ChippyDude ↑

Our Government has the hand on the lever that can restrict foreign Property Buyers or else let the breaks off.

Also in regard to Trump and his 22 Regulations abolished for every 1 new Regulation etc. Let me give you a Builders perspective.

Just to build a Carport, There is about $7000 of Costs for a Builder in Non-Tangibles due to the OVER Regulation of simple Building add ons, extensions, renos etc.

I know of one carport built by a Builder for a Client for 12 grand, and 7k of that was Non Tangibles, I couldve built that for 2500 bucks worth of Materials and done by just me inside a week. That means I couldve done the deal with the Homeowner on the weekend and built it finished by the Friday of the same week.

But due to the OVER Regulation, That builder wouldve needed to pay for Architects Plans, Engineers Plans, Private Certifier fees, Council Application fees, Possibly a Town Planning relaxation fee, and all the time and cost of the Builder running around from place to place picking up plans and dropping them off to all those places. In other words, not only do Builders Pay for all the Non Tangibles , The Builder must also drop it in their lap onto their desk as well as pay out the 7 grand for them all to DO NOTHING.

Think of the time to get all that sorted out and the running around, all just to do a carport that I could build by myself in 3 days easy assuming I could get the materials and it didnt rain.

Sorry, I know this thread was about property prices etc, But I hope this makes some understand why an existing House holds its value. Its worth much more than the sum of its parts.

Expand

Funnily enough, on new years eve, I was talking to a French guy who has lived in Australia for 2 years. He is a builder and he says he was staggered when he discovered the time it takes to build a house here. He says in France he could build an entire house in as little as a week, all going well (!!!).

Even if that were only half true, it would still be rather damning to us here in Australia.

Imagine that? And we like to think of the French as inefficient and even lazy.

HVN Price at posting: $4.21 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 14 more messages in this thread...

First 298 Last

Add HVN (ASX) to my watchlist

(20min delay)
Last $4.64		Change 0.050(1.09%)		Mkt cap ! $6.080B

Open	High	Low	Value	Volume
$4.59	$4.66	$4.58	$5.056M	1.092M

Buyers (Bids)

No.	Vol.	Price($)
1	10000	$4.63

Sellers (Offers)

Price($)	Vol.	No.
$4.64	33521	4

View Market Depth

No.	Vol.	Price($)
2	25446	3.880
7	234105	3.870
11	228181	3.860
11	192466	3.850
3	36300	3.840

Price($)	Vol.	No.
3.890	98757	6
3.900	76916	21
3.910	43330	9
3.920	165811	7
3.930	1002	3

Last trade - 16.10pm 18/11/2024 (20 minute delay)

HVN (ASX) Chart

Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-298

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: 10 mths to 30-4-2017 agg sales by hn, dm & jm franchisees, page-298

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Power gets set for 1000-metre maiden drilling program in Brazil

US election outcomes: Key economic and market takeaways

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News