I recently went to an investment seminar and subsequent followup meetings. In this I was told that I should built a stock "executive, 4 bedroom" house and make a killing.
This really bugged me because I'm so tired of seeing these crap buildings (especially in our climate) because it's the current fashion in Melbourne or Sydney.
I object to this on two counts:
1. It's foul for our climate - shit, we're building low ceiling, besser block houses with no eaves and black roofs - this in a climate where Summer temps typically exceed 32 degrees! Who's the idiots building this shit?
2. It's going to be economic suicide - with the price of energy expect to rise sharply in coming years (Peak Oil, Climate Change, Carbon Taxes, etc), then it seems idiocy to be building a "stock" house made for current fashions.
On #2 alone, it would make much more sense economically to be building low impact, sustainable and energy efficient houses NOW so you can cash in when the prices start to rise. Think how much easier it will be to rent a property when you can offer a tenant SIGNIFICANT savings on expenses!
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