Nerfonomics

indica

Serial flasher
All good here, moved away from Scumbank recently butt fuck the RBA > seriously, stop it you cunts
But they gave the savings rates increase email to an intern who hasn’t started writing it yet…
Probably gave it to the AI program that the IT intern hasn't written yet
 

dirtdad

Wants to be special but is too shy
Dude. If you have a super fund you’re also a shareholder…

Companies are raising prices. But people also keep buying the stuff. Some of it is things like food. So hard to avoid… but houses, cars, etc.
Look what happens to building companies that can’t raise prices due to fixed price contracts.

Probably gave it to the AI program that the IT intern hasn't written yet
I really should get on that, but I’m working from home and they haven’t given me a payrise…
 

dancaseyimages

Mountain bike pornographer
Dude. If you have a super fund you’re also a shareholder…

Companies are raising prices. But people also keep buying the stuff. Some of it is things like food. So hard to avoid… but houses, cars, etc.
Look what happens to building companies that can’t raise prices due to fixed price contracts.


I really should get on that, but I’m working from home and they haven’t given me a payrise to beat inflation
FTFY

I choose a socially responsible investment option.
Missing out, aggressive option is the way gotta look after yourself then buy an E car or something for the planet.


Edit: I did the apprenticeship pathway and got stooged, no super/eaten by fees and not very aware of the scheme, and lost the last year as the company got dissolved/boss was getting divorced so trying to catch the missed gains for the past few years.
 

Flow-Rider

Burner
Dude. If you have a super fund you’re also a shareholder…

Companies are raising prices. But people also keep buying the stuff. Some of it is things like food. So hard to avoid… but houses, cars, etc.
Look what happens to building companies that can’t raise prices due to fixed price contracts.


I really should get on that, but I’m working from home and they haven’t given me a payrise…
Friends of mine have been waiting for 2 &1/2 years to get a normal home built, first builder went bust, and now the house is at lockup stage but they can't move in because the new builder can't get the concrete around the house and hand railings done.
 

dancaseyimages

Mountain bike pornographer
Now they'll say it's the fault of the pay rise, I really think the govt fucked up here and should have given the low income earners a tax rebate.
Damned if they do damned if they dont I guess.
Friends of mine have been waiting for 2 &1/2 years to get a normal home built, first builder went bust, and now the house is at lockup stage but they can't move in because the new builder can't get the concrete around the house and hand railings done.
Just do what my mate did and move in to a non signed off house, delays the cert of occupancy even further and I dont know why someone would honestly do it unless squeezed to move out of rental/money squeeze but it seems to be common in Canberra at the moment.
NFI how people don't get caught out but the builders are letting them do this.

Edit: Also the quality has really gone downhill to with the builders feeling the pinch I think and delayed time frames, window frames not plumb and just look shit with curtains/walls in bathrooms so out of plumb theres almost a full tile up top, cheap layouts and swapping original items for cheaper such as doorhandles and the little things they try to get away with. I'm sure not all of them are the same but alot of the smaller mum and pop builders that were around 10 years ago doing a few houses a year are either no longer around or doing 1 house and working on the 'premium' homes for the big builders here such as Classic Constructions.
 

dirtdad

Wants to be special but is too shy
Friends of mine have been waiting for 2 &1/2 years to get a normal home built, first builder went bust, and now the house is at lockup stage but they can't move in because the new builder can't get the concrete around the house and hand railings done.
Yeah. Construction game is ruthless.

We built with a massive builder a couple of years ago, and even at that time I was worried we’d get stuck with no frame, or no interior finishing, etc. Many stories of people being stuck choosing between their builder going bust and coughing up another 100k to get something finished.
 

Flow-Rider

Burner
Damned if they do damned if they dont I guess.

Just do what my mate did and move in to a non signed off house, delays the cert of occupancy even further and I dont know why someone would honestly do it unless squeezed to move out of rental/money squeeze but it seems to be common in Canberra at the moment.
NFI how people don't get caught out but the builders are letting them do this.

Edit: Also the quality has really gone downhill to with the builders feeling the pinch I think and delayed time frames, window frames not plumb and just look shit with curtains/walls in bathrooms so out of plumb theres almost a full tile up top, cheap layouts and swapping original items for cheaper such as doorhandles and the little things they try to get away with. I'm sure not all of them are the same but alot of the smaller mum and pop builders that were around 10 years ago doing a few houses a year are either no longer around or doing 1 house and working on the 'premium' homes for the big builders here such as Classic Constructions.
Rents are huge here, they never planned on renting for 2 years but that's a whole heap of money down the drain that they could have spent on the home. They asked the builder if they could move in but the builder said it was a safety issue.

Feel sorry for a lot of people building now, it's just so easy for grub builders to take advantage of people.

 

Jabubu

let you google that for me
We finished our renos at the beginning of 2020 thankfully. The builder is still in business which is just as well because the plumber/roofer they contracted to was total shit - issues with the roofing and plumbing which the builder rectified.
 
if the causes of inflation are wages growth, high levels of employment, services inflation, housing price growth and lack of labour productivity growth interest rates really do seem to be as blunt AF in controlling it

The only direct hit is house prices, however with the pass through to renters which then feeds back into inflation even this seems shit to me
 
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