I always tune into this site. I have been waiting for the 'summary' video re Auckland housing. I felt compelled to make a number of observations: 1) Tilt slabs are not cheap materials. 2) The amount of timber that goes into a house is designed by an architect and checked by 2 sets of structural engineers (the developer's and the council's), 3) Neither of those things have anything to do with 'planning'. I think that may be an English term which catches everything over there. Here, we separate out planning and building consent issues. Planning is around what you can build, how high, how close to fences etc. Building standards are around the quality of the actual building i.e. materials, weather tightness etc. @8:32: Look developers do NOT decide this sort of thing, and they certainly don't CONTROL it. Council are forcing this sort of development. Auckland Council doesn't want the cars. They want the intensification - it's them who are all for 3 level houses on tiny tiny sections. It's the whole smart growth strategy - one which I must point out, is very big in England. A place where many of our planners come from. How do I know all this? Because some years ago I built a few apartments. And dealt with council and all their nonsense. Never, ever again. @12 mins: FFS all of this is rigorously checked. You're just speculating that it isn't. Every single thing you mention is checked and signed off by council staff. And yes they are understaffed (because the councils are useless) which means builders often have to wait 3 days to a week for each inspection, which holds things up inordinately. @12:20: I agree, it's a disgrace. But it's not newer developments, it's old stuff, done 100 years ago etc. @15:30: Again I agree, but this is all council driven here. I repeat, they don't want cars to be used by the public. @16:20: Wrong. Look you don't just create one plot (we never use that word, we call them sections). A section is part of a subdivision (unless it's carved off the back of an existing house - something Auckland Council absolutely loves - more intensification) and you can't create a subdivision anywhere in NZ without a master plan for it, without handing over copious amounts of land for parks, schools etc. In addition to this a fee of $25k per site is paid in resource consent fees which goes into a fund to provide for amenities (that and council staff salaries, of course) @17:00: Look, the UK has all the same issues. Building a house there is difficult, lengthy and costly (although planning regulations have been simplified a lot in recent years, right?) I agree we have a huge debt problem, and I agree we're due a property correction. I agree the government has been dishonest. Especially National. But Labour will be no different - they're too scared of crashing the market. But where are the numbers please? Driving around and seeing lots being built means very little. What we need to know is how many are being built, how many are unsold, what the demand is like etc. 21:45: I agree the banks control the media. So do real estate agencies - because they spend so much on advertising with the media outlets. And as you guys have pointed out in earlier videos even central banks lie to the public (RBA: The banks are sound). 26:30: Martin, I think you need to look into the planning situation in Auckland further. A lot of time and money goes into it. Have you looked at the Unitary Plan? It's massive. The planners (Auckland Council have over 500 of them) worked on it for years. I hate the lot of them, but you can't argue that the plans haven't been done.
We should have a Royal Commission on the media as it is so important to the democratic process of a sovereign country. It is also critical to the well being of the citizens and the country. There are signs that there is interference in the way media try to drive narratives on many issues.
@MrFourkinghell You mentioned the cost of collection and presentation, it would have cost less if we have only one TV channel as you may realise that every channel report the exact same news, sometimes with the exact same words. Can the media even say they are independent. They are dependent on something.
@MrFourkinghell The media had dumbed us down so much they could give any reason for anything like not being independent because of cost. We should start with investigating this wholesale source of news. Without independent reporting of news, public media become just for recreation. The most important function had been outsourced and how can you outsource opinions or narratives. How did every journalist have the same analysis and conclusion???? No need for their existence. Simply let the wholesale source take over.
We rent a cheap investment property in Melbourne. 10 years old and it's literally falling apart. Would hate to be the owner with the near constant maintence and fixes.
Williams Landing in Victoria is an example of complete lack of planning. Even as an immigrant I felt shocked: no schools in the area, no libraries, no community hub. Now they built shops and more apartments but schools are not there yet and families are fleeing. It is a sad suburb.
www.heraldsun.com.au/real-estate/victoria/cheap-houses-in-the-west-ignored-by-apartment-buyers/news-story/86615064c99af03bbc6ae2bbb1b0bbda And how MSM plays its dirty part in the game. Shame!
The media in NZ seems to believe that they have a responsibility to not report on bad or undesirable things happening in the economy. Have noticed its got ridiculously bad in the last yr. Personally I find it quite disturbing.
I can say with complete certainty that most houses built in the last 8 yrs won't last as long as their mortgage as a quailified Carpenter I've see it and when the people building them can't afford them I would love to know who is?
We went 'out west' Auckland yesterday to pick strawberries and have lunch at the vineyards nearby where Joe visited on his tour of Auckland. Out of curiosity I drove us too the building sites Joe visited and we though WTF, these are in the middle of nowhere, tiny roads in and out (Auckland has many roads which barely fit two cars, the roads to these sites, just fitted one) and the are properties squeezed together like sardines with little or no yard space when there is acres of land around. The group of us are all prospective buyers in Auckland and or owners elsewhere in Europe and Australia, looking to move to Auckland. None of us wanted to buy out there now, even if the prices crashed. We thought the properties could have at least been lifestyle blocks for the prices. One friend mentioned she would pay $300k max for a property out there that we latter looked out online was $780! Consensus is we'd rather wait and rent and live closer to the city or other areas of Auckland and wait for the bubble to burst and buy-in when prices have dropped at least 20%.
Well done. You guys are doing the job that the government used to do before it outsourced itself to the corporate world and acted merely as media front man.
hi, and happy new year..just like to say I think in general you do a fine job..and most of your guests are very good but, today you have joe wilkes who knows his onions in the business world but he doesn`t have a clue and about the nuts and bolts of construction saying there doesn`t seem enough timber in the framing? has he proof? theres only a few ways you can build a timber frame ie: 600mm - 450mm centres the biggest worry is termite damage and waterproofing damage..in Australia your framing/termite/waterproofing is all checked by the local authorities..maybe in NZ its different..highrise construction is another matter..and mr Almeda really seems on the ball there..All business is about making a profit surely its not just the construction industry..you need a good government/council to do the checking..which it seems sadly not to be the case in some areas..anyway keep up the good work,cheers.
With the UN Migration Pact that was just secretly signed, I'm sure plenty of quality Somalians, Sudanese and Syrian refugees will have be happy with these homes, and the quality won't matter so much as they become no go zones in a few years. Well done NZ politicians. Your country will change very quickly with such a low population.
This Joe's Wilkes guy is amazing.. an expert in housing finance, Urban development and also a structural engineer apparently. Or just a commentator with an axe to grind?
Bogdan Sikorski after a gas explosion. Yeah well might as well drop some bombs on the place then complain that the front door locks weren’t secure enough
@Bogdan Sikorski Are you suggesting that Tilt Slabs will collapse inwards? The vertical steel beams inside the structure will just disappear and enable the wall panels to travel inwards? Also against a 300mm floor slab? As for earthquakes, I worked in Christchurch during the 2011 and 2012 events and lost a relative in the CTV building. I've seen tilt slabs wobble and flex during aftershocks. They definitely bulge outwards as the base shifts and the weight of the roof pushes downwards with gravity.
@Bogdan Sikorski This is a very recent event though, not sure why you're using this as an example before any real investigations have been completed. Quality of steel reinforcing and many other factors come into play. Do you know the floor slab thickness? Did they use I-Beams at a minimum thickness of 6mm? Was it Chinese steel with dodgy third party accreditation certs?
All of the Auckland District, which extends well beyond the areas that Joe filmed, comes under the rules of the Auckland City Council. If he had bothered to do any research he would know that Auckland has recently implemented its new Unitary plan for the whole region, a process which took quite a few years of pre draft plans, consultation, draft plans, the opportunity to submit and be heard at hearings, and then decisions on zoning densities etc. by the independent panel of commissioners. This process identified the new 'Rural Urban Boundary' for potential housing development for the next 30 years. Structure Plans have been or will be produced for land inside this line progressively over the next 30 years to release land in stages to meet demand. The Government has been very critical of what it sees as the slow rate of rezoning, which it says is limiting supply and keeping section prices high. The minimum width of the roading is determined by Council Planners, not by developers. All houses need to have a Building Permit with plans and Engineering Specifications for foundations and Structure being submitted to and checked by Council before the Permit is Issued. During the Construction, Council Building Inspectors must come and do inspections of foundations, sub floor fixings and bracing of timber flooring, a pre cladding inspection including waterproofing of doors and windows and connections of walls to floor and roof structure to top plates and internal bracing. Then comes a pre internal lining inspection including insulation being in place. the list goes on including plumbing, drainage, ground clearance and the builder must provide Producer Statements with registration numbers from all sub trades before the Council issues the Code Completion Certificate. Being from the UK where double brick is the main method of construction you do not understand our light timber method of framing which is proven over many years and very effective in earthquakes. Framing must comply to NZS 3604, and would be failed if it didn't. You should not criticise things that you know nothing about!
I’m not absolutely sure if it was all not the CTV building in Christchurch was it one of the first panel buildings in New Zealand did you know 67% of New Zealand’s working population work for the government directly or indirectly that includes councils
Joe Wilkes..what do you think has caused the stagnant/falling Auckland prices? In Aussie it's the restriction of credit, is it the same in Auckland or is it a oversupply issue/foreign buyer ban etc?
@@josephwilkes1668 Leaking buildings, mould and court battles: The dark side of the apartment boom www.abc.net.au/news/2017-03-31/leaking-buildings-mould-court-battles-dark-side-apartment-boom/8403744
Joseph Wilkes Hi Jo and Martin. The mainstream starting to tell the truth? Barfoots says the Auckland property market ended 2018 edging towards its first decline in prices for ten years. Sales volumes were weakest in at least 17 years
Joe i agree about shonky builders in nz. Auckland has massive shortage of affordable rentals. Lets see what future brings. Next 12 months NZ will do better than AU. Afterwards, NZ will go into depression.
worked in construction for many years, i would never buy a new unit, shit quality, cheap plumbing, no garage, nothing can beat old style units, im renting a unit with 11.5m long and 3m wide garage, bur young genrations wants to be modern, to live like kardashians, hahaha, can't wait for day when that bilding gona be dinamited, popcorn and video camera is ready
Apart from the soulless newbuilds, can you please give some insight into your predictions for established FAMILY HOMES And your reasons for this. Surely they can’t keep going up. Or even sideways. Auckland/ Hamilton.
Lol you cant see that all those tilt panels are only held up by silicone welds along the panel joins,!? Its obvious,just need to look at them. Im no engineer, just a simple builder whos fallen deep into the foundation game.. who would waste money on gospak tubes, structural steel framework, structural concrete floors and concrete shearwalls ? Silicone welding is the way of the future!
Here is an example of how the Wellington City Council approaches a new subdivision. It counters what is said here, as all councils have District Plans that set out what new developments must provide. wellington.govt.nz/your-council/projects/proposed-upper-stebbings-valley-community
nuvisionprinting . Good question but nobody ever got rich and stole your basic freedoms without first claiming title to all the land and selling it for ten times more than its real worth. And charging interest on top of it. Rentiers create poverty, it’s inevitable.
John Key's real masters were always the global banking concerns, and he served them well. Under his stewardship house prices inflated massively. As a result we could conservatively say that 1 million N.Z's will now need to take out a mortgage that is a decade longer than it otherwise would have been, just to buy the same house to live in. The net result amounts to a transfer of 10 million years of human labour to the banking sector. That deserves to be rewarded don't you think?
@ Joe Wilkes Hi Joe I've enjoyed your previous drives around Auckland and I have noticed majority of the houses built in the last 2 episodes were primarily built of wood/weather board and was wondering if perhaps that was the building standard in NZ due to the earthquakes. Can you confirm if it meets the building code?
Vanessa Simpson hubby is a builder. No it doesn’t have to built like this. They just don’t because of $ actually plenty of options that can be used but cost more $
Wood in NZ is in plentiful supply, therefore an inexpensive material. The building code reflects the type of material that is to be used. For example if you are building in a high windzone, you'll be using 150x50 framing, not the standard 90x45. In earthquake zones, you might need to use I-beams instead of regular wood beams etc. There are a small number of steel framed houses in NZ as well. Everything that is built must be to code and is council inspected at different stages, all building materials must meet AS/NZ standards before being sold on the nz market. This is done using producer statements, that essentially tell the council how the product meets code.
Alas, it may look like timber but the majority of cladding is a type of fibro-cement made in planks to look like wood. We do tend to frame with timber and that's more likely because it grows on trees and we have a lot of trees here.
you want freedom? dont own a house !!! dont have loans!!! dont have kids and a white bossy wife!!! what is so hard to understand? this is what a very old wise man told me when i was 23 after asking him what to do to have a happy life... he was spot on!
Can't say I agree with you mate. I sold my house in Sydney in 2016 before the downturn and bought a larger house in regional NSW. I have a lovely wife with 4 kids and a mortgage. Our debt to equity ratio is much better after Sydney and our house is bigger. Wage was about the same but general living costs are lower. Bottom line is raising a family is very hard in Sydney and those that bought before the decline are in for a lot of pain sadly. We were fortunate to see the decline a way off watching the markets (global and local) carefully and some sage advise from our real estate friend who sold our house. People need to think independently and rationally, using data apart from the mainstream sources.
lol... who would say otherwise... all my friends would reply in a same way but the truth is a bit different... you cant even own a house on queens land... wake up!!! happy slave life and the future will teach u a lesson...
I always tune into this site. I have been waiting for the 'summary' video re Auckland housing. I felt compelled to make a number of observations:
1) Tilt slabs are not cheap materials. 2) The amount of timber that goes into a house is designed by an architect and checked by 2 sets of structural engineers (the developer's and the council's), 3) Neither of those things have anything to do with 'planning'. I think that may be an English term which catches everything over there. Here, we separate out planning and building consent issues.
Planning is around what you can build, how high, how close to fences etc. Building standards are around the quality of the actual building i.e. materials, weather tightness etc.
@8:32: Look developers do NOT decide this sort of thing, and they certainly don't CONTROL it. Council are forcing this sort of development. Auckland Council doesn't want the cars. They want the intensification - it's them who are all for 3 level houses on tiny tiny sections. It's the whole smart growth strategy - one which I must point out, is very big in England. A place where many of our planners come from.
How do I know all this? Because some years ago I built a few apartments. And dealt with council and all their nonsense. Never, ever again.
@12 mins: FFS all of this is rigorously checked. You're just speculating that it isn't. Every single thing you mention is checked and signed off by council staff. And yes they are understaffed (because the councils are useless) which means builders often have to wait 3 days to a week for each inspection, which holds things up inordinately.
@12:20: I agree, it's a disgrace. But it's not newer developments, it's old stuff, done 100 years ago etc.
@15:30: Again I agree, but this is all council driven here. I repeat, they don't want cars to be used by the public.
@16:20: Wrong. Look you don't just create one plot (we never use that word, we call them sections). A section is part of a subdivision (unless it's carved off the back of an existing house - something Auckland Council absolutely loves - more intensification) and you can't create a subdivision anywhere in NZ without a master plan for it, without handing over copious amounts of land for parks, schools etc. In addition to this a fee of $25k per site is paid in resource consent fees which goes into a fund to provide for amenities (that and council staff salaries, of course)
@17:00: Look, the UK has all the same issues. Building a house there is difficult, lengthy and costly (although planning regulations have been simplified a lot in recent years, right?)
I agree we have a huge debt problem, and I agree we're due a property correction. I agree the government has been dishonest. Especially National. But Labour will be no different - they're too scared of crashing the market.
But where are the numbers please? Driving around and seeing lots being built means very little. What we need to know is how many are being built, how many are unsold, what the demand is like etc.
21:45: I agree the banks control the media. So do real estate agencies - because they spend so much on advertising with the media outlets. And as you guys have pointed out in earlier videos even central banks lie to the public (RBA: The banks are sound).
26:30: Martin, I think you need to look into the planning situation in Auckland further. A lot of time and money goes into it. Have you looked at the Unitary Plan? It's massive. The planners (Auckland Council have over 500 of them) worked on it for years. I hate the lot of them, but you can't argue that the plans haven't been done.
First comment from someone who know what they are talking about! These videos are just scare mongering.
We should have a Royal Commission on the media as it is so important to the democratic process of a sovereign country. It is also critical to the well being of the citizens and the country. There are signs that there is interference in the way media try to drive narratives on many issues.
@MrFourkinghell You mentioned the cost of collection and presentation, it would have cost less if we have only one TV channel as you may realise that every channel report the exact same news, sometimes with the exact same words. Can the media even say they are independent. They are dependent on something.
@MrFourkinghell The media had dumbed us down so much they could give any reason for anything like not being independent because of cost. We should start with investigating this wholesale source of news. Without independent reporting of news, public media become just for recreation. The most important function had been outsourced and how can you outsource opinions or narratives. How did every journalist have the same analysis and conclusion???? No need for their existence. Simply let the wholesale source take over.
MrFourkinghell
Good point, I’d say the mainstream media (both electronic and print), is nothing more than a propaganda arm of the government.
I want to see The big short: 2 straya edition its going to be a great movie.
We rent a cheap investment property in Melbourne. 10 years old and it's literally falling apart. Would hate to be the owner with the near constant maintence and fixes.
Having low rates for years has pushed up house prices..Stagnant wages...Disaster
Williams Landing in Victoria is an example of complete lack of planning. Even as an immigrant I felt shocked: no schools in the area, no libraries, no community hub. Now they built shops and more apartments but schools are not there yet and families are fleeing. It is a sad suburb.
ruclips.net/video/UL7s4ZsUOt8/видео.html many people fall for this, sadly is just advertising.
www.heraldsun.com.au/real-estate/victoria/cheap-houses-in-the-west-ignored-by-apartment-buyers/news-story/86615064c99af03bbc6ae2bbb1b0bbda And how MSM plays its dirty part in the game. Shame!
The media in NZ seems to believe that they have a responsibility to not report on bad or undesirable things happening in the economy. Have noticed its got ridiculously bad in the last yr. Personally I find it quite disturbing.
I can say with complete certainty that most houses built in the last 8 yrs won't last as long as their mortgage as a quailified Carpenter I've see it and when the people building them can't afford them I would love to know who is?
We went 'out west' Auckland yesterday to pick strawberries and have lunch at the vineyards nearby where Joe visited on his tour of Auckland. Out of curiosity I drove us too the building sites Joe visited and we though WTF, these are in the middle of nowhere, tiny roads in and out (Auckland has many roads which barely fit two cars, the roads to these sites, just fitted one) and the are properties squeezed together like sardines with little or no yard space when there is acres of land around. The group of us are all prospective buyers in Auckland and or owners elsewhere in Europe and Australia, looking to move to Auckland. None of us wanted to buy out there now, even if the prices crashed. We thought the properties could have at least been lifestyle blocks for the prices. One friend mentioned she would pay $300k max for a property out there that we latter looked out online was $780!
Consensus is we'd rather wait and rent and live closer to the city or other areas of Auckland and wait for the bubble to burst and buy-in when prices have dropped at least 20%.
Thanks - yes sounds a good strategy! Thanks for validating Joe's observations!
Well done. You guys are doing the job that the government used to do before it outsourced itself to the corporate world and acted merely as media front man.
easy to have sign offs when u have mates and friends working in those positions to sign off
Great work Joe ! At last we have someone with the balls to say how it is !
hi, and happy new year..just like to say I think in general you do a fine job..and most of your guests are very good but, today you have joe wilkes who knows his onions in the business world but he doesn`t have a clue and about the nuts and bolts of construction saying there doesn`t seem enough timber in the framing? has he proof? theres only a few ways you can build a timber frame ie: 600mm - 450mm centres the biggest worry is termite damage and waterproofing damage..in Australia your framing/termite/waterproofing is all checked by the local authorities..maybe in NZ its different..highrise construction is another matter..and mr Almeda really seems on the ball there..All business is about making a profit surely its not just the construction industry..you need a good government/council to do the checking..which it seems sadly not to be the case in some areas..anyway keep up the good work,cheers.
With the UN Migration Pact that was just secretly signed, I'm sure plenty of quality Somalians, Sudanese and Syrian refugees will have be happy with these homes, and the quality won't matter so much as they become no go zones in a few years.
Well done NZ politicians. Your country will change very quickly with such a low population.
This Joe's Wilkes guy is amazing.. an expert in housing finance, Urban development and also a structural engineer apparently. Or just a commentator with an axe to grind?
Why are they building double stories boxes on the outskirts of town amongst the cows? dubble bubble, naught but trouble!
detached houses built before 1996 are looking very very good
Wow, tilt slab high rise buildings??? I'd feel safer with blue board walls.
At least with Tilt Slab buildings the wall panels have a tendency to fall outwards.
Bogdan Sikorski after a gas explosion. Yeah well might as well drop some bombs on the place then complain that the front door locks weren’t secure enough
@Bogdan Sikorski Are you suggesting that Tilt Slabs will collapse inwards? The vertical steel beams inside the structure will just disappear and enable the wall panels to travel inwards? Also against a 300mm floor slab?
As for earthquakes, I worked in Christchurch during the 2011 and 2012 events and lost a relative in the CTV building. I've seen tilt slabs wobble and flex during aftershocks. They definitely bulge outwards as the base shifts and the weight of the roof pushes downwards with gravity.
@Bogdan Sikorski This is a very recent event though, not sure why you're using this as an example before any real investigations have been completed. Quality of steel reinforcing and many other factors come into play.
Do you know the floor slab thickness?
Did they use I-Beams at a minimum thickness of 6mm?
Was it Chinese steel with dodgy third party accreditation certs?
Why were the buildings either side fully intact?
Very good insites from Joe today keep up the good work
NZD 0.66 TO USD, AUD 0.69 to USD.
All of the Auckland District, which extends well beyond the areas that Joe filmed, comes under the rules of the Auckland City Council. If he had bothered to do any research he would know that Auckland has recently implemented its new Unitary plan for the whole region, a process which took quite a few years of pre draft plans, consultation, draft plans, the opportunity to submit and be heard at hearings, and then decisions on zoning densities etc. by the independent panel of commissioners. This process identified the new 'Rural Urban Boundary' for potential housing development for the next 30 years. Structure Plans have been or will be produced for land inside this line progressively over the next 30 years to release land in stages to meet demand. The Government has been very critical of what it sees as the slow rate of rezoning, which it says is limiting supply and keeping section prices high. The minimum width of the roading is determined by Council Planners, not by developers. All houses need to have a Building Permit with plans and Engineering Specifications for foundations and Structure being submitted to and checked by Council before the Permit is Issued. During the Construction, Council Building Inspectors must come and do inspections of foundations, sub floor fixings and bracing of timber flooring, a pre cladding inspection including waterproofing of doors and windows and connections of walls to floor and roof structure to top plates and internal bracing. Then comes a pre internal lining inspection including insulation being in place. the list goes on including plumbing, drainage, ground clearance and the builder must provide Producer Statements with registration numbers from all sub trades before the Council issues the Code Completion Certificate. Being from the UK where double brick is the main method of construction you do not understand our light timber method of framing which is proven over many years and very effective in earthquakes. Framing must comply to NZS 3604, and would be failed if it didn't. You should not criticise things that you know nothing about!
I’m not absolutely sure if it was all not the CTV building in Christchurch was it one of the first panel buildings in New Zealand did you know 67% of New Zealand’s working population work for the government directly or indirectly that includes councils
Joe Wilkes..what do you think has caused the stagnant/falling Auckland prices? In Aussie it's the restriction of credit, is it the same in Auckland or is it a oversupply issue/foreign buyer ban etc?
More to follow on the credit bubble.
yes another you tube for this guy
diversify Martin the more the better
Then it gets real obvious if they start to shut you down
Joseph and Martin, please talk about the leaking home syndrome in NZ
Will do Cory.. that was the last episode of regulations failing because of a cheap (well hyped) alternative.
Joseph Wilkes
Thanks for all your work. There are many of those "stuco" fake plaster houses from 1994-2004.
There's loads of information on leaky builds around on the internet by experts if you need to see it.
@@josephwilkes1668
Leaking buildings, mould and court battles: The dark side of the apartment boom
www.abc.net.au/news/2017-03-31/leaking-buildings-mould-court-battles-dark-side-apartment-boom/8403744
Joseph Wilkes
Hi Jo and Martin.
The mainstream starting to tell the truth?
Barfoots says the Auckland property market ended 2018 edging towards its first decline in prices for ten years. Sales volumes were weakest in at least 17 years
Joe i agree about shonky builders in nz. Auckland has massive shortage of affordable rentals. Lets see what future brings. Next 12 months NZ will do better than AU. Afterwards, NZ will go into depression.
After the dust settles maybe we can build a more robust system
thanks love the dragon and sacred cow slaying keep up the good work
"A bit of rain on christmas day" sounds about right lol
worked in construction for many years, i would never buy a new unit, shit quality, cheap plumbing, no garage, nothing can beat old style units, im renting a unit with 11.5m long and 3m wide garage, bur young genrations wants to be modern, to live like kardashians, hahaha, can't wait for day when that bilding gona be dinamited, popcorn and video camera is ready
Apart from the soulless newbuilds, can you please give some insight into your predictions for established FAMILY HOMES And your reasons for this. Surely they can’t keep going up. Or even sideways. Auckland/ Hamilton.
Tilt panels can be an exceptional method of construction , this fella sounds like he hasn't got clue what he's looking at
I agree.
Lol you cant see that all those tilt panels are only held up by silicone welds along the panel joins,!? Its obvious,just need to look at them.
Im no engineer, just a simple builder whos fallen deep into the foundation game.. who would waste money on gospak tubes, structural steel framework, structural concrete floors and concrete shearwalls ? Silicone welding is the way of the future!
@@armsmerchant Yes silicone. And structural steel. Both top and bottom. But hey, it's the silicone you focus on.
Exceptional? Are you sure? They are cheap to import though..,
Exceptional would surely look aesthetically pleasing too would it not?
@@josephwilkes1668 I don't think we import tilt slabs Joe.
Here is an example of how the Wellington City Council approaches a new subdivision. It counters what is said here, as all councils have District Plans that set out what new developments must provide. wellington.govt.nz/your-council/projects/proposed-upper-stebbings-valley-community
@walk the world why is something that to me is essentially rent seeking or more over unearned wealth considered in economic measurements?
Furthermore why are there not more control on this sort of thing?
nuvisionprinting . Good question but nobody ever got rich and stole your basic freedoms without first claiming title to all the land and selling it for ten times more than its real worth. And charging interest on top of it.
Rentiers create poverty, it’s inevitable.
There are other options, even reading Adam Smith, he would be turning his grave seeing our current system.
Can the developers/planners/engineers of the Opal building escape a big court case....lawyers' picnic.
Auckland..Ruined by greed
More like ruined by Kiwis.
Where is ((John Key)) Hiding
anz bank ironically he ran for the hills didn't he
@@davekkik2258 Typical Lying Khazarian
John Key's real masters were always the global banking concerns, and he served them well. Under his stewardship house prices inflated massively. As a result we could conservatively say that 1 million N.Z's will now need to take out a mortgage that is a decade longer than it otherwise would have been, just to buy the same house to live in. The net result amounts to a transfer of 10 million years of human labour to the banking sector. That deserves to be rewarded don't you think?
@@matthewd759 Terrible..Really think this downturn will affect NZ
@Joe Wilkes, please provide official data for your lending stats or at least the source of this info.
It would help viewers to investigate further.
RBNZ provide the data. We did a post on recent lending stats last month. Attached below.
ruclips.net/video/kdnCARscvgE/видео.html
Doesn’t NZ have seismic issues? Don’t people die if building codes are weak or enforcement is inadequate?
New Zealand: The best 3rd world country in the Southern Hemisphere.
Your constant trolling is getting a bit boring now
New Zealand the poor man's Bangladesh.......
IntotheFire
Haha, not that bad. More like Tasmania.
Pmpl.....good one
@ Joe Wilkes Hi Joe I've enjoyed your previous drives around Auckland and I have noticed majority of the houses built in the last 2 episodes were primarily built of wood/weather board and was wondering if perhaps that was the building standard in NZ due to the earthquakes. Can you confirm if it meets the building code?
Vanessa Simpson hubby is a builder. No it doesn’t have to built like this. They just don’t because of $ actually plenty of options that can be used but cost more $
Wood in NZ is in plentiful supply, therefore an inexpensive material. The building code reflects the type of material that is to be used. For example if you are building in a high windzone, you'll be using 150x50 framing, not the standard 90x45. In earthquake zones, you might need to use I-beams instead of regular wood beams etc. There are a small number of steel framed houses in NZ as well. Everything that is built must be to code and is council inspected at different stages, all building materials must meet AS/NZ standards before being sold on the nz market. This is done using producer statements, that essentially tell the council how the product meets code.
Alas, it may look like timber but the majority of cladding is a type of fibro-cement made in planks to look like wood. We do tend to frame with timber and that's more likely because it grows on trees and we have a lot of trees here.
@@Tony_7791 the problem is shiny private inspectors who are on the take
@@zarkoristov5585 NZ doesn't have Private building inspectors. All are council.
New Zealand: Australia's Mexico.
you want freedom? dont own a house !!! dont have loans!!! dont have kids and a white bossy wife!!! what is so hard to understand? this is what a very old wise man told me when i was 23 after asking him what to do to have a happy life... he was spot on!
Can't say I agree with you mate. I sold my house in Sydney in 2016 before the downturn and bought a larger house in regional NSW. I have a lovely wife with 4 kids and a mortgage. Our debt to equity ratio is much better after Sydney and our house is bigger. Wage was about the same but general living costs are lower. Bottom line is raising a family is very hard in Sydney and those that bought before the decline are in for a lot of pain sadly. We were fortunate to see the decline a way off watching the markets (global and local) carefully and some sage advise from our real estate friend who sold our house. People need to think independently and rationally, using data apart from the mainstream sources.
lol... who would say otherwise... all my friends would reply in a same way but the truth is a bit different... you cant even own a house on queens land... wake up!!! happy slave life and the future will teach u a lesson...
Responsibility? You won't hear that in America! The 1% takes theirs and to. The hell with the plebs!
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Well done Bruce !
💰💰💰💰
@@evogardens it's been a while between drinks
Bruce almighty
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