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Another one (home builders) bites the dust. (Read 1512 times)
Sophia
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Another one (home builders) bites the dust.
Dec 28th, 2024 at 8:33am
 
It’s like dominoes!

(I would be too nervous in this day and age to have a house built. Who can you trust?)

https://www.theage.com.au/national/victoria/homes-under-construction-hang-in-bal...
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Well I could call out when the going gets tough
The things that we've learnt are no longer enough
No language just sound that's all we need know
To synchronize love 2 the beat of the show
Joy Division
 
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Grappler Racist Filth
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Re: Another one (home builders) bites the dust.
Reply #1 - Jan 20th, 2025 at 7:28am
 
Global economy - 'we' were building at the time of timber mill closures etc here - and the cost of materials went up - I kid you not - 30-50% overnight and many became instantly scarce or impossible.  'we' MAY have got the last Ironbark pure timbers for our house under construction ... and relatively cheaply, too.  Nothing has changed except that costs of living and thus real inflation have gone through the roof - official inflation is a lie when you know that pay rises needed just to keep up will only cause cost rises again - and when some start receiving 30% (protected government workers again) pay rises you KNOW the whole thing is on the slippery slide downwards.  (What ever happened to the National Wage Case?)

The trend to mass immigration, to increasingly costly materials continues to rise alongside the global parasite's bank accounts - local industry and jobs disappear while governments fiddle - and the mad rush to construction created by government to try to stay afloat with an economy destroying itself, construction being the only game in town apart from bureaucrat, nursing and education, and middle man parasite - and of course Tent City Slicker - and the artificial 'lack of tradies' and rising costs mean disaster long before any company can fulfill its contracts.

Drain The Billabongs!  Make Australia Great Again!  Stop Mass Immigration/Install Guest Workers!  Stabilise Our OWN Economy First!  Divorce From the Global Economy and Make Them Come To YOUR Door!  Banish The Shadow Governments!  Overhaul OUR Democratic Process!  Power To The People!  Take Back The Asylum!  One Country For All - Or Every Man For Himself!!

You choose.

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
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Sophia
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Re: Another one (home builders) bites the dust.
Reply #2 - Aug 29th, 2026 at 10:57am
 
Bathla Group now. Not good. This is becoming more like a house of cards for these home builders.

https://www.afr.com/companies/financial-services/bathla-collapse-threatens-to-sn...
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Well I could call out when the going gets tough
The things that we've learnt are no longer enough
No language just sound that's all we need know
To synchronize love 2 the beat of the show
Joy Division
 
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Jasin
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Re: Another one (home builders) bites the dust.
Reply #3 - Aug 29th, 2026 at 11:09am
 
ALP: "We  will build more homes to justify our immigration increase"

Reality: No increase, but Home Building Companies are going bankrupt and falling down.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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greggerypeccary
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Re: Another one (home builders) bites the dust.
Reply #4 - Aug 29th, 2026 at 11:17am
 
Sophia wrote on Dec 28th, 2024 at 8:33am:
It’s like dominoes!

(I would be too nervous in this day and age to have a house built. Who can you trust?)

https://www.theage.com.au/national/victoria/homes-under-construction-hang-in-bal...


Absolutely.

You'd be crazy to hand over any money to a builder in this country.

Buying established is the only way to go.
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GOP = Guardians Of Paedophiles
 
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Sophia
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Re: Another one (home builders) bites the dust.
Reply #5 - Aug 29th, 2026 at 11:46am
 
Jasin wrote on Aug 29th, 2026 at 11:09am:
ALP: "We  will build more homes to justify our immigration increase"

Reality: No increase, but Home Building Companies are going bankrupt and falling down.


The ALP must’ve known there was financial suspiciousness as apparently the group hadn’t paid any taxes to the government for over 12 months!
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Well I could call out when the going gets tough
The things that we've learnt are no longer enough
No language just sound that's all we need know
To synchronize love 2 the beat of the show
Joy Division
 
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Sophia
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Re: Another one (home builders) bites the dust.
Reply #6 - Aug 29th, 2026 at 11:54am
 
greggerypeccary wrote on Aug 29th, 2026 at 11:17am:
Sophia wrote on Dec 28th, 2024 at 8:33am:
It’s like dominoes!

(I would be too nervous in this day and age to have a house built. Who can you trust?)

https://www.theage.com.au/national/victoria/homes-under-construction-hang-in-bal...


Absolutely.

You'd be crazy to hand over any money to a builder in this country.

Buying established is the only way to go.


You just quoted what my (late) mother in law always said back in 1975 when we were engaged and looking for a home.
I always yearned to build my own home where the power points were where I wanted them    Grin
And the bench heights suited me and a big double sink which to date I still never had.
It was single or single n’ half which is silly.
But thank goodness dishwashers came along.

I wouldn’t be game to build a home now after all the crap that’s happening and thieves in the night take off with your money!

The good thing about buying established, the garden is already done and maturing, the pathways and driveways are done. Floor and furnishings done (so many new homes we see with sheets draped loosely across front windows for months on end!


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Well I could call out when the going gets tough
The things that we've learnt are no longer enough
No language just sound that's all we need know
To synchronize love 2 the beat of the show
Joy Division
 
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Jasin
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Re: Another one (home builders) bites the dust.
Reply #7 - Aug 29th, 2026 at 1:52pm
 
I helped build a 4 bedroom Straw Bale House in the Riverina in 2011.
The cost of the build was just $180,000.
Smooth wall and sharp corner rendering.
Insulation 80% superior to a double brick veneer.
Sound proofing 72% with outer room as owner's jam music room.
Took 79% less time to build than conventional builds.
That means less cost on hourly rates.
Walls are fire 🔥 proof.
Earthquake? The walls and structure wobble, not crumble.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Frank
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Re: Another one (home builders) bites the dust.
Reply #8 - Sep 3rd, 2026 at 8:02am
 
Sophia wrote on Aug 29th, 2026 at 10:57am:
Bathla Group now. Not good. This is becoming more like a house of cards for these home builders.

https://www.afr.com/companies/financial-services/bathla-collapse-threatens-to-sn...

The boss of private lender Renown Group Australia, Kalpi Prasad, said he had been in contact with several people who claimed to have been direct debt investors in Bathla.

These investors claimed the documents underpinning their deals “had not been properly completed and filed” which left them little options for recourse. Most of these investors are understood to be wealthy Indian nationals who moved to Australia, some of which tapped family savings.

“Many of these are hardworking people who are now worried about losing their life savings,” Mr Prasad said.

The Australian is aware of a number of Indian-Australians involved.

The loans were facilitated either as unregistered second mortgages against Bathla land, where they were not formally identified on property records, or alternatively given over to the operating company with an unregistered general security recorded.

A group of Indian-Australians were encouraged by Mr Bhushan to pool their funds with other investors. This cash was then lent to Bathla. These investors described how they were promised to double their money within a year and they allegedly received nothing back.

Another former Bathla figure told The Australian she was aware of investors who participated with the support of accounting firms. Others were offered discounts on the developer’s finished homes in lieu of repayment.

One Bathla lender estimated $100m of financing could be involved.



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« Last Edit: Sep 3rd, 2026 at 8:11am by Frank »  

Estragon: I can’t go on like this.
Vladimir: That’s what you think.
 
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Carl D
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Re: Another one (home builders) bites the dust.
Reply #9 - Sep 3rd, 2026 at 8:17am
 
Well, will you look at that.

Bathla were also running a 'visa mill'.

Bathla collapse puts scrutiny on developer’s in-house visa agency

Quote:
The family behind Bathla, the real estate development giant that collapsed owing more than $3.3 billion to lenders and thousands of subcontractors, has quietly built a visa business inside its headquarters, raising fears about the immigration status of employees should it be liquidated.

The under-the-radar business is known as Brothers Migration & Education Services, and is registered to the same office as Bathla, which has more than 300 employees, many of whom are now working without pay.


Australia - a land of crooks and scammers. And governments that turn a blind eye to things like this (or they're too incompetent to notice). Take your pick, probably a bit of both.
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** Repeat Covid infections exercise our immune system in the same way that repeat concussions exercise our brain **
 
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tallowood
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Re: Another one (home builders) bites the dust.
Reply #10 - Sep 3rd, 2026 at 11:24am
 


The house cost about A$700,000 to build.
Powering the rotation costing roughly a dollar a day as reported by Nine. Each 360-degree rotation consumes about 1 kWh of electricity.
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עַם יִשְרָאֵל חַי
 
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Jasin
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Re: Another one (home builders) bites the dust.
Reply #11 - Sep 3rd, 2026 at 4:00pm
 
Awesome concept!
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Bobby.
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Re: Another one (home builders) bites the dust.
Reply #12 - Sep 3rd, 2026 at 4:58pm
 
Jasin wrote on Aug 29th, 2026 at 1:52pm:
I helped build a 4 bedroom Straw Bale House in the Riverina in 2011.
The cost of the build was just $180,000.
Smooth wall and sharp corner rendering.
Insulation 80% superior to a double brick veneer.
Sound proofing 72% with outer room as owner's jam music room.
Took 79% less time to build than conventional builds.
That means less cost on hourly rates.
Walls are fire 🔥 proof.
Earthquake? The walls and structure wobble, not crumble.



How do you stop a Straw Bale House from rotting?


AI Overview

To stop a straw bale house from rotting,
you must keep moisture out by using a high foundation,
wide roof overhangs, and breathable natural plasters.

Key Prevention Methods

Elevate the foundation:

Build your walls high off the ground on a concrete slab or raised footing to block rising damp and ground water.

Use wide roof eaves:
Install deep roof overhangs to shield the exterior walls from direct rain and heavy downpours.


Apply breathable renders:
Cover the bales in lime or earthen plaster instead of cement. Cement traps moisture inside, while breathable lime and earth allow trapped humidity to escape safely.

Check bale moisture levels:
Ensure straw is completely dry (below 15% moisture content) before stacking and rendering.
Use a moisture meter to test deep inside the bales during construction.

Fix damage quickly:
If rot or mold appears, use the detailed repair steps outlined on Strawbale.com
to replace rotten material in a straw home
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Jasin
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Re: Another one (home builders) bites the dust.
Reply #13 - Sep 3rd, 2026 at 6:30pm
 
Yes. The only flaw. Mustn't allow water to soak up from the bottom of the external walls.
Other than that, superior upon many levels to all other home buildings.
Should be mandatory in bushfire prone areas.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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