I think the have nots will rise sooner rather than later,with social media it wouldn’t be too hard to get it going
Trickle down economics,gig economy,penalty rates
How about we train our own before we open the front door
Retail Wreckage
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I think the have nots will rise sooner rather than later,with social media it wouldn’t be too hard to get it going
Trickle down economics,gig economy,penalty rates
How about we train our own before we open the front door
Its just a matter of time before one of the bespoke housing factories (as used in China/Japan) sets up in Australia, or they start shipping whole houses here flatpack style. The price of these houses are amazingly low and I hear the quality is pretty good. The only problem is that the banks are reluctant to approve loans for these types of houses.
Also cars at sub $10K (i think more like $8K), I don't know how companies like Teslsa can compete with the onslaught of electric cars coming in the next couple of years from China.
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This for pretty much everything.
If it's something of importance then it's worth getting the proper data not just accepting someone else's conclusion, especially when that person has zero relevant qualifications or practical experience relating to the subject (eg the average journalist).
There's a current disconnect in 40 year olds from work. Not sure if it's always been that way but a lot that I know simply have stopped working. Midlife crisis perhaps?
I agree.I'm in favour of it for reasons of avoiding pain and suffering and so on but definitely not as a purely economic measure, that's an incredibly slippery slope in my opinion.
Economic reasons.... that's losing all humanity. Take better care of your family members people.
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40 y :
You work for
a wife who has around a 33pc chance of creaming you in a divorce
Teenage kids fees and pocket money who play a Greta running power bills up the sky and do zip
Ato who will happily get 40 to 50 pc of your money, and this is seen as normal, while you are insulted as a bastard
And if over the previous, a mortgage...
And 50pc of the population who think making money is shameful...
Yeap, Australia the land of the free.
Why bother if you can have a roof on your head and food drinks....
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Im currently living in Japan and confirm building a house here is a lot cheaper than NZ and Aussie. There is a ton of different options and features you can choose form and they get them put up so fast its unreal.
The quality is not as good as most builds in NZ/Aus and often the materials/finishes are a bit "cheap" and the house is only being built to last for 30 years although they do last longer than that if you maintain them which people dont do here.
I lived in a Sekusi(pronounced sexy) house for a while and the aftermarket service is amazing if anything goes wrong its under warranty for decades. They offer packaged renovations to update the bathroom and kitchen etc. The companies probably make good money off the service and aftermarket sales. Panasonic houses are amazing in regards to the amount of future proofing they are building in currently, it is very well thought out for later additions/sales once 5G is introduced.
IMO this building model should be copied and pasted into Australasia.
How does the block/house ratio size go
Quality....you only have to look around Perth suburbs where infill and subdivision to see poor quality buildings
All rendering to hide ordinary brick work
Double brick was a Perth standard where the external was all show quality
The medium density units look like tilt panel
Ghettos
Hideous coloured concrete paving no tree heat sinks
Who puts black tin on houses?
Who builds houses with no eaves in this heat
I need a drink
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If you'll pardon my slight crassness, that sounds like a good marketing term for the idea. Sexy house. Like it.
Panasonic builds houses in Japan? The same Panasonic company that makes TV's and air-conditioners and so on?
Well that's two things I've learned today.
I thought it was radical enough when gas and electricity companies had a go at house building many years ago.
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Interesting.
What are they actually doing if not working?
Are they self funded or on welfare?
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If you'll pardon my slight crassness, that sounds like a good marketing term for the idea. Sexy house. Like it.
Panasonic builds houses in Japan? The same Panasonic company that makes TV's and air-conditioners and so on?
Well that's two things I've learned today.
Ha I had a good giggle when I first heard the name.
Yep that Panasonic, its a massive conglomorate that makes everything from doors-batteries- power tools-lighting-houses/constrcition you name it. Its amazing the amount of things they do do here.
I think because the Japanese economy has stagnated for so long that they just grew through acquisition and now have fingers in a lot of different pies.
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The regs here are totally different and very unusual to say the least(from my perspective any way being a non Japanese). The houses basically touch each other, the front area is a car park and any remaining space out back is tiny. New builds are almost always 2+ stories. I would say 90% of the section is covered by the hose footprint most times and the section sizes are tiny. Theres also a lot of multiplexes here and apartments that are to small for a dog to live in but they are super cheap to rent.
Most people tend to rent here. No point buying if you dont have kids and house prices have been going down for 30 years. *Just put this in bold so it would sink in a bit..... houses do NOT go up forever.
The cladding is usually plastic faux brick sometimes they are plaster finished as they are cheaper and faster options. No one has grass lawns here maybe a couple of little trees but super low maintenance is what people want.
The heat here in summer is insane too and the eaves are tiny on the new houses making any second floor an oven. Funny thing is the old school houses(pre 70s) had really good eaves and air flow inside is amazing although bloody freezing in winter. I guess when your house is hot/cold you need a Panasonic air conditioner
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And i would say, in Japan, houses are a place to live, not as you mentioned rightly an investment, nor a status symbolThe regs here are totally different and very unusual to say the least(from my perspective any way being a non Japanese). The houses basically touch each other, the front area is a car park and any remaining space out back is tiny. New builds are almost always 2+ stories. I would say 90% of the section is covered by the hose footprint most times and the section sizes are tiny. Theres also a lot of multiplexes here and apartments that are to small for a dog to live in but they are super cheap to rent.
Most people tend to rent here. No point buying if you dont have kids and house prices have been going down for 30 years. *Just put this in bold so it would sink in a bit..... houses do NOT go up forever.
The cladding is usually plastic faux brick sometimes they are plaster finished as they are cheaper and faster options. No one has grass lawns here maybe a couple of little trees but super low maintenance is what people want.
The heat here in summer is insane too and the eaves are tiny on the new houses making any second floor an oven. Funny thing is the old school houses(pre 70s) had really good eaves and air flow inside is amazing although bloody freezing in winter. I guess when your house is hot/cold you need a Panasonic air conditioner
As a European, i do not like the throw away aspect, a cultural thing, but when i see the matchstick houses built now in Australia, i doubt there will be much left of these in 40y..whatever amount of reno are made.
In japan, it is purposely designed for a limited life and as such far less material intensive, lighter..great for earthquake..but obviously forget about fire rating these in the bush....
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Exactly houses are seen as homes not investments/speculation vehicles. Cars and clothes are more for status here and quite often peoples cars are worth more than their homes!
Houses are built to last a single life time, apartment's here are generally built to last longer though, and couples here would rather buy new off the plans. The limited life span of a house here keeps the construction industry ticking over as it employs 30%~ of the economy and planned obsolescence ensures people keep their jobs.
The earth quakes I have been in here were not a problem, the houses/apartments mostly have good EQ factoring built into the construction.
Would these houses be good in a bush? Hell no! In saying that it wouldn't take much to adapt the materials and design to suit the locations requirements though.
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I've only read a few posts this thread so far, so this is just a reaction to the thread header "Retail Wreckage".
Recently Tony Featherstone did one of his interesting articles on Nabtrade's website about the 'Homewares' sector. Not a sector that attracts me but obviously one where a medium term investor/trader can profit if he's able to pick the right companies near the bottom of a cycle. He starts off with a good quote that I will take away:
"Macro news has a habit of encouraging bad investment decisions. Investors focus on top-down news and extrapolate it to all companies, overlooking opportunities or making rash decisions."
Retail is supposed to be an avoid because of high household debt, stagnant wages, high housing costs, online competition from foreign giants, but in fact a number of ASX retail companies loosely categorised as 'homewares' outperformed the ASX200 Index over 2019 - Breville Group (BRG) for instance by a factor of 3x. But he also mentions: Nick Scali (NCK), Temple and Webster (TPW) and Kogan (KGN). I notice from the charts that JB HiFi (JBH) had a great year and Harvey Norman (HVN) also a very good 2019.
His tip in this field for 2020 is Adairs (ADH). I'll post an Adairs specific excerpt over on that board.
Recently Tony Featherstone did one of his interesting articles on Nabtrade's website about the 'Homewares' sector. Not a sector that attracts me but obviously one where a medium term investor/trader can profit if he's able to pick the right companies near the bottom of a cycle. He starts off with a good quote that I will take away:
"Macro news has a habit of encouraging bad investment decisions. Investors focus on top-down news and extrapolate it to all companies, overlooking opportunities or making rash decisions."
Retail is supposed to be an avoid because of high household debt, stagnant wages, high housing costs, online competition from foreign giants, but in fact a number of ASX retail companies loosely categorised as 'homewares' outperformed the ASX200 Index over 2019 - Breville Group (BRG) for instance by a factor of 3x. But he also mentions: Nick Scali (NCK), Temple and Webster (TPW) and Kogan (KGN). I notice from the charts that JB HiFi (JBH) had a great year and Harvey Norman (HVN) also a very good 2019.
His tip in this field for 2020 is Adairs (ADH). I'll post an Adairs specific excerpt over on that board.
tinhat
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People have been cocooning for decades now. It is a behaviour directly promoted by media so that the only empowerment people feel they have in their lives is within their cocoon of immediate gratification and safety. You don't even have to go out to eat or get food now. Once you are home safe from the tyranny of work you can binge on whatever you want in your own little cocoon.
tinhat
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I am not surprised that you read the Murdoch press. I am surprised, however, that looking through your entire post history, as far as I can tell, you have not made one post in a stock specific thread. However you get your kicks I suppose.
Some get their kicks euthanizing old people
As for stocks I tend to focus on things I know...which ain't much
But the last 2 companies I've worked for are FMG and Bhp currently
Done well out of both on the market
BHp are spending a motza on reliability on their Port load out
That tells me the tonnage is going to be ramped up from possibly South Flank
So I'm buying more
I'm often wrong
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