Interest rates going up , new building cost going up
- bowl
- Rank: Premium Member
- Joined: Mon Nov 19, 2012 12:30 pm
- Location: Wyndham Vale
- Has liked: 292 times
- Likes received: 559 times
Interest rates going up , new building cost going up
Off topic.
What's it all mean .
Any prediction on what things might be like in a year or two.
Brick's gone up 25%, steel apparently 50% or more.
What's it all mean .
Any prediction on what things might be like in a year or two.
Brick's gone up 25%, steel apparently 50% or more.
To many boats kayak, helicopter , catch a fish,catch a fish
-
- Rank: Gummy Shark
- Joined: Tue Sep 06, 2016 1:08 pm
- Location: South East Suburbs
- Has liked: 625 times
- Likes received: 298 times
Re: Interest rates going up , new building cost going up
Going to be a lot of people trying to sell 2nd hand boats & luxury cars.
- bowl
- Rank: Premium Member
- Joined: Mon Nov 19, 2012 12:30 pm
- Location: Wyndham Vale
- Has liked: 292 times
- Likes received: 559 times
Re: Interest rates going up , new building cost going up
We purchased block of land last year, can't start building till 2024....might have to sell boat to
To many boats kayak, helicopter , catch a fish,catch a fish
-
- Rank: Premium Member
- Joined: Thu Dec 08, 2016 8:08 pm
- Location: The Ocean
- Has liked: 412 times
- Likes received: 609 times
Re: Interest rates going up , new building cost going up
Absolute travesty having to sell the boat.
On a side note I’m going to be looking for a cheap Bass Strait Boat
This is a warning regarding the following post made by you: viewtopic.php?f=14&p=349277#p349277 .
Any form of bullying on this forum will NOT BE TOLERATED!
This is your last warning!
Any form of bullying on this forum will NOT BE TOLERATED!
This is your last warning!
- bowl
- Rank: Premium Member
- Joined: Mon Nov 19, 2012 12:30 pm
- Location: Wyndham Vale
- Has liked: 292 times
- Likes received: 559 times
Re: Interest rates going up , new building cost going up
What's cheap anything under 100k
To many boats kayak, helicopter , catch a fish,catch a fish
-
- Rank: Premium Member
- Joined: Thu Dec 08, 2016 8:08 pm
- Location: The Ocean
- Has liked: 412 times
- Likes received: 609 times
Re: Interest rates going up , new building cost going up
That 24 looks great under 100k would be theftbowl wrote: ↑Fri Apr 08, 2022 7:45 pmWhat's cheap anything under 100k
FB_IMG_1649411069335.jpg
This is a warning regarding the following post made by you: viewtopic.php?f=14&p=349277#p349277 .
Any form of bullying on this forum will NOT BE TOLERATED!
This is your last warning!
Any form of bullying on this forum will NOT BE TOLERATED!
This is your last warning!
-
- Rank: Premium Member
- Joined: Thu Dec 08, 2011 1:59 pm
- Has liked: 567 times
- Likes received: 1012 times
Re: Interest rates going up , new building cost going up
Most banks have increased their fixed rates. Which only means one thing. Interest rate rises are coming soon.
House prices most likely will drop as a result, it's absolutely ridiculous how much houses are going for atm.
House prices most likely will drop as a result, it's absolutely ridiculous how much houses are going for atm.
-
- Rank: Baitfish
- Joined: Thu Dec 30, 2021 5:44 pm
- Has liked: 9 times
- Likes received: 10 times
Re: Interest rates going up , new building cost going up
I saw the effects of the cost of living increase this weekend. I went to check out a Haines 520 at a very reasonable price. I was expecting some hidden trap like the motor has finance, or a soft transom. Nope. The guy and his wife have incoming kid and their finances are tight and they're already behind on their mortgage so the boat had to go quickly. It was depressing as hell. The guy clearly spent a lot of time and effort maintaining the customizing the boat and you can tell how much it hurt to lose it.
The worst part is that if he's struggling with mortgage repayments now, it'll be even worse later this year when they go up. He mentioned he's trying to get more hours at work so hopefully that'll come through for him.
The worst part is that if he's struggling with mortgage repayments now, it'll be even worse later this year when they go up. He mentioned he's trying to get more hours at work so hopefully that'll come through for him.
-
- Rank: Premium Member
- Joined: Thu Dec 08, 2016 8:08 pm
- Location: The Ocean
- Has liked: 412 times
- Likes received: 609 times
Re: Interest rates going up , new building cost going up
How much was the boat going for? Did you buy it.frankgoff wrote: ↑Mon Apr 11, 2022 1:55 pmI saw the effects of the cost of living increase this weekend. I went to check out a Haines 520 at a very reasonable price. I was expecting some hidden trap like the motor has finance, or a soft transom. Nope. The guy and his wife have incoming kid and their finances are tight and they're already behind on their mortgage so the boat had to go quickly. It was depressing as hell. The guy clearly spent a lot of time and effort maintaining the customizing the boat and you can tell how much it hurt to lose it.
The worst part is that if he's struggling with mortgage repayments now, it'll be even worse later this year when they go up. He mentioned he's trying to get more hours at work so hopefully that'll come through for him.
This is a warning regarding the following post made by you: viewtopic.php?f=14&p=349277#p349277 .
Any form of bullying on this forum will NOT BE TOLERATED!
This is your last warning!
Any form of bullying on this forum will NOT BE TOLERATED!
This is your last warning!
- ducky
- Rank: Premium Member
- Joined: Thu Feb 28, 2013 5:17 pm
- Has liked: 22 times
- Likes received: 332 times
Re: Interest rates going up , new building cost going up
House prices going up.
Construction costs going up.
Fuel going up
Interest rates going up
Wages. Still stagnated af.
They can increase the interest rates to stem the inflation but I don't think many will benefit from it. Investors will see more costs. They will increase rent to help offset it. And the average spend still increases for the people renting. Meaning they aren't likely to get any decent savings and the cycle continues.
I don't have the answers for the record.
Construction costs going up.
Fuel going up
Interest rates going up
Wages. Still stagnated af.
They can increase the interest rates to stem the inflation but I don't think many will benefit from it. Investors will see more costs. They will increase rent to help offset it. And the average spend still increases for the people renting. Meaning they aren't likely to get any decent savings and the cycle continues.
I don't have the answers for the record.