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Home renovations keep pressure on prices

Discussion in 'Real Estate' started by Simon Hampel, 5th Jun, 2007.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
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    Location:
    Sydney, Australia
    Report on ABC's inside business about property renovation and the effect on real estate prices.

    Transcript: Inside Business - 03/06/2007: Home renovations keep pressure on prices

    Video: Inside Business - 03-Jun-2007
     
    Simon Hampel, 5th Jun, 2007
    #1
  2. Jacque

    Jacque Team InvestEd

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    16th Jun, 2005
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    Location:
    Sydney
    Interesting link- thanks Simon.

    It's small wonder with the costs associated with moving (stamp duties, loan costs, removalists etc) that less people are choosing to do this and stay put, electing to engage in renovations instead.

    There will always be a demand for good quality builders and assoc tradespeople as well, particularly in this DIY nation of ours :D
     
    Jacque, 5th Jun, 2007
    #2