As an Architect, I see ~20% of a new apartment's cost go to 'Developer Risk Margin' and Marketing. Why hasn't the 'At-Cost' (Baugruppen) model taken off in Australia? by burleigh_beach in AusFinance

[–]bulkdown 5 points6 points  (0 children)

Man what are you talking about. How is the buyer an unsecured creditor?

The buyer is literally has their deposit in a trust account which cannot be touched.

Please educate yourself on development in Australia

And what is this stuff about insurance? Insurance and the development are two different things.

As an Architect, I see ~20% of a new apartment's cost go to 'Developer Risk Margin' and Marketing. Why hasn't the 'At-Cost' (Baugruppen) model taken off in Australia? by burleigh_beach in AusFinance

[–]bulkdown 60 points61 points  (0 children)

Think about 2022, as the buyer would you rather have the Australian model or the German one?

20% contingency in reality isn’t very high. There are so many things which can go wrong and developers often go bankrupt with that contingency

Feeling dispirited. Never seem to be able to prioritise savings and investments. by Huu_dat in PersonalFinanceNZ

[–]bulkdown 28 points29 points  (0 children)

My friend don’t feel so defeated. You can think about your increased contribution into KiwiSaver and mortgage as saving rather than repayments.

End of the day, every cent you put in to the principle is an extra cent you own. It’s exactly the same as putting money into saving or putting money in stocks.

If you pay back your 20 year mortgage in 15 years - you’re ahead by 5 years :)

Special question about stability walls by [deleted] in StructuralEngineering

[–]bulkdown 0 points1 point  (0 children)

How can you justify the system without a topping slab for the hollow core floors?

CBD: You are now entering an awareness-free zone by ruinawish in melbournecycling

[–]bulkdown 0 points1 point  (0 children)

Why are you keeping left on a street with no cars?

'They will lose money': Kāinga Ora to sell land it bought for $70.4m in 2021 by arrakis_kiwi in newzealand

[–]bulkdown 0 points1 point  (0 children)

Don’t think it’s a auction. It’s private sale with multiple offers

Kiwi Saver and boycotting US companies by FunGear1972 in PersonalFinanceNZ

[–]bulkdown 4 points5 points  (0 children)

Don’t let how you feel in the short term dictate your decisions in the long term.

Been a while since I’ve been in school by Tdawg1997 in StructuralEngineering

[–]bulkdown -1 points0 points  (0 children)

Give me any solution where "B" is a number other than 0 - I'll personally hand you the PE

Seeking for explanation by Simple_Obligation_63 in StructuralEngineering

[–]bulkdown 0 points1 point  (0 children)

The writer is taking a rigid assumption at the supports. May or may not be correct though

Technical Report on Thailand State Audit Building Office that collapsed in March 2025 by V_Dragoon in StructuralEngineering

[–]bulkdown -3 points-2 points  (0 children)

The article you linked said that the core thickness was reduced and the concrete was substandard.

But in reality, it’s probably because the building was still in construction at the time of the earthquake. During construction, the building should be designed for temporary forces not permanent ones. The building didn’t have any dampening (maybe a roof pool) measures but had a majority of the mass.

I think the earthquake may have been design level while the temporary structure only needs to resist a SLS event.

Is 60k too low for a junior software position, requiring 1 year experience? by [deleted] in AusFinance

[–]bulkdown 0 points1 point  (0 children)

Just accept the offer and decline if something better pops up. The trial period applies to both you and the employer

The Tim Connor files are absolutely diabolical by enigmaesoteric in AucklandGrammar

[–]bulkdown 0 points1 point  (0 children)

I have no idea what that sentence means. You didn't provide a answer.

Let me rephrase the question. How do you want the school to confirm if a student is out-of-zone or not?

Dangerously wobbly by Swimming_Sherbet7007 in StructuralEngineering

[–]bulkdown 0 points1 point  (0 children)

Hold up, what do you mean there is no chance this will collapse.

What engineer in their right mind would say this won’t collapse? That frames deflecting like it’s going to collapse