Chippy, I tend to agree with you on the land prices, but not on house prices. Land (zoning) is always kept in short supply to appease developers. In countries where there is less red tape, land values are much lower.
House building is different. I'm sure you'll disagree, but Australia's house building practices are a joke. The industry is very conservative and takes up innovations very reluctantly. Most houses take 9 to 24 months to build! Funny that a charity house can be built in a month! Probably not a fair comparison, but the time gulf, and therefore the cost, is immense.
Ann: Half Yearly Report and Accounts, page-74
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
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
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| HVN (ASX) Chart |
