2023 House Construction Costs: Calculating Expenses and Assessing Value
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Well, let’s find out what that is. Let’s Wealth Coffee Chat!
0:00 Introduction.
1:27 Show starts.
3:55 Today we’ll talk about conduction prices and how many builders went broke.
4:39 Good news: Inflation slowing down, interest rate rises are paused and right now construction cost going down.
6:05 Lowest construction cost since 202. Let’s put that in context.
7:10 Let’s look at some forecasts for construction costs.
10:24 Cost square per metre table.
12:10 Some ABS data to look at.
12:50 Is it still worth it to build a house? The short answer is YES.
17:10 The BMT Tax depreciation site. Let’s have a look at it.
21:09 It’s not all bad news…
23:10 Closing thoughts.
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