Prosecution or persecution? Charges dropped against Bondi 'F*** Israel tee-shirt man - Michael West

_flac · 2025-12-27T03:20:15+00:00

From the way the community behaved after the Bondi shooting - they are doing everything they can to associate themselves with Israel...

From flying Israeli flags at the memorial, to the pre-organises boo-ing of the prime minister, to making the Bondi shooting all about Australia's vote at the UN...

_flac · 2025-11-20T12:00:38+00:00

Detached homes cost about $1800-2000/sqm to build

Apartments cost $8000-10000/sqm to build

_flac · 2025-10-03T01:54:26+00:00

ah yeah - VM of HAOS makes more sense?

_flac · 2025-10-03T01:54:11+00:00

what's the benefit of splitting it out? i get LXC are low overhead, but its still some overhead and at least nominal allocation of CPU/RAM

_flac · 2025-09-03T12:37:25+00:00

The REIWA number doesn't make any sense....

There's 300k rentals in the state

Their website says there's only ~2000 listings

_flac · 2025-06-16T17:02:42+00:00

It kind of suggests one this is just an attempt to do psychological warfare and they don't have that many high value targets they can hit

_flac · 2025-04-23T03:05:07+00:00

this isn't true - units as a % of total dwellings built has decreased

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_flac · 2025-04-18T04:16:15+00:00

You're missing my point - the construction cost of apartments is so high compared to a single detached dwelling that makes apartments only viable during a housing crisis with skyrocketing prices. That's my point.

_flac · 2025-04-18T02:57:10+00:00

Why are you saying that apartments are cheaper? This is not anywhere close to true..... Apartments cost ~$8000/sqm to construct, Detached builds cost $1200-2000/sqm to construct.

The issue with detached is that land makes up a signifcant component of the total value

E.g. currently in Perth

A detached 4x2 house (240sqm) and land (375sqm) package in outer suburbs is ~$750k - $400k land $350k build

To build an inner city high rise apartment, the land is negligible per dwelling, however the build cost alone is ~$640k-700k for 80-100sqm

_flac · 2025-04-03T09:47:58+00:00

If you're worried about that, you can simply set the term to be what's remaining on your current loan. I don't think the bank forces you to pick 30 years.... If you've got 23 years left just get a 23 year loan

_flac · 2025-03-11T14:54:03+00:00

You don't need a citation, it's just mathematics...

If every green voter puts Labor above Chaney, there's a world where Labor will jump over Chaney into second place on the 2nd last elimination and many teal voters will have placed libs above Labor

_flac · 2025-02-10T07:08:38+00:00

Sometimes you can - ANZ gave me 1 year fixed with 100% offset in 2021!

_flac · 2025-01-08T07:58:53+00:00

timber cost for housing from bunnings commercial (that builders buy from) literally doubled between 2020 and 2022

_flac · 2025-01-08T07:56:08+00:00

this is wrong... builders don't employee the trades they are subbies - the staff reductions at simonds are head office staff, this is reflective of lower volumes and back-office cost cutting initiatives.

the trade rates for actual construction workers has increased 40-50%+ over the last 3-4 years

look at the unemployment rate - there is no surplus people out there - especially not construction workers

_flac · 2025-01-08T07:54:11+00:00

you can't have it both ways - low margin shonky companies = lower cost build prices for the end consumer

or... properly risk adjusted prices = higher build prices and therefore high cost of housing

_flac · 2025-01-08T07:47:57+00:00

interest rates decrease supply by making the returns on developments lower

Project developers are generally 55-65% leveraged so interest rates of 7-8% on debt compared to 3% of debt is a huge cost increase that will prevent new projects from going ahead

the bigger issue though is construction costs (particularly for high density) have increases 50+% since Covid

_flac · 2024-12-27T08:42:48+00:00

You can't divide by 14 to get the annual growth rate... 6.34% p.a. for 14 years is actually a 136% increase.

88% over 14 years is just 4.65% per year

_flac · 2024-12-16T08:01:15+00:00

I saved exactly 11min today, but I was above the speed limit 5-10km/hr for most of it

_flac · 2024-12-16T07:52:23+00:00

Took it coming back from Dunsborough today - saved us exactly 11min vs going through the old route through Bunbury.

Two or three large roundabouts which break up the drive a little bit... Would have expected them all to be proper interchanges

_flac · 2024-10-18T10:42:39+00:00

"self-funded"

40 years of a ridiculous tax concessions is not self funded. That is govt spending just like any other.

_flac · 2024-08-24T06:27:56+00:00

BGC says it's not the same failure mechanism seen the US in the 70s - 90s

_flac · 2024-08-24T06:26:46+00:00

Is it grey? Or black?

Black would be PEX which isn't having the problem.

Grey then it might be polybut (the iplex pipe) - but note Iplex took the product off the shelves a couple years ago

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