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NOW IS THE BEST TIME EVER TO OWNER BUILD A KIT
HOME OR INVESTMENT PROPERTY & SAVE $$$$$$$$$$$$$$$$
Or is it too late?
Australia's
recovery races ahead of the world
Scott Murdoch | October 10, 2009
Article from: The Australian
THE Australian economy seems to know only one speed on its road to
recovery: fast.
After standing tall as one of
the few major developed economies to escape the ravages of recession induced by
the historic financial crisis, the domestic economy has become a beacon of hope
for global markets that the worst of the downturn has passed.
“Unemployment Rate Falls” “After this week’s 25 basis
point interest rate rise it is certain that the central bank will order another
25 basis point hike when it meets in Sydney on Melbourne Cup Day”. “the $A, has
pushed through the US90c barrier”
10th October 2009 The below article was written earlier this year to
advise anyone considering building not to put it off. The basic point is that because of economic
uncertainty and a very slow building industry, prices are cheaper than they
should normally be and will ever be. That is until our economy recovers.
We are experiencing economic chaos
around the world on a scale never seen before.
These same conditions have created a
unique opportunities for those who take advantage of it.
Some
politicians and parts of the media have focused so much on the negatives that
people who would normally be building a new home have put it on hold.
The
biggest fear is unemployment, currently running at about 5% with the
possibility of reaching 8%, the majority being young people. But the facts are
that even in the worst case 92% of the
workforce will have full time employment. If you are in that 92% NOW is the time on to take advantage of
the Australian benchmark
interest rates 49 year low, 50% cut in
stamp duty in NSW, low petrol prices and retailers doing amazing deals to get sales. Also the slowdown in
building industry has meant that the sub
trades required to build your home are also being very competitive to get your
work.
Saving money is one of
the main reason why clients buy an Illawarra Steel Frame Kit Home. Along with the fact they can have a uniquely
designed home and control over how it is built. Our Kit Homes are
designed so they can be erected by the average handyman. You can make significant savings by doing whatever work you are
confident in and shopping around for the best prices for sub-contractors,
kitchen and appliances, floor and wall tiles and PC items. Our clients are currently
making massive savings on these items.
There
has been a 21.3% year on year plunge in housing approvals since 2005. Economic
chaos has now bottomed out according
to world economists and the recovery has
started. In June housing approvals jumped by 9.3%, the highest since May
2005. Because so many have put
building their home on hold and as
confidence returns there will be a flood of people wanting to build. Then as
demand returns retailers and sub-contractors will be scrambling to make up for
lost profits so you can be guaranteed prices will go through the roof.
To
take advantage contact us today