Justen Bertram

[Justen Bertram @JustenB1990]

@bikerpaul68 @BuzzRothfield I jest obviously

[Justen Bertram @JustenB1990]

@bikerpaul68 @BuzzRothfield Hopefully I die before Im stuck riding a GS

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M with shiny colours! :D

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M Spreadsheets are 2010s, we have moved on (for the most part) from that those days

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M Labour is a constant, the EBA exists and for the most part jumps are not far beyond CPI rates so even when expiring you can predict down to 10% what it is going to be.

While active its obviously easy to work out what the cost will be next year etc.

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M Calendar, financial?

Residential construction? Mining? Industrial? Commercial? Civil?

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M I mean its literally my job to do this.

It may come as a surprise to many outside of the industry sure

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M 3) Cont at Tender time which resulted in additional costs
4) Overstating the desirability of the build (based on figures, we are talking about $1m+ units, how much demand would realistically exist?)

All of these things come down to poor performance on the developers

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M Being a developer, im guessing a few things could have been at fault

1) The purchase was financed and rising interest rates hurt them
2) Poor tender evaluation process, resulting in them accepting an offer that appeared cheaper than what it was
3) Lack of information provided

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M If construction costs blow out it is generally due to

1) Poor planning
2) Lack of information available at tender time (laziness and/or inexperience)
3) Changes

[Justen Bertram @JustenB1990]

@DavidMo50860521 @_davidlimbrick @Just_Krystle_M So poor planning? Or ego stopping the builder from walking away?

[Justen Bertram @JustenB1990]

@izdudzi @_davidlimbrick @Just_Krystle_M Thats because residential construction is shit, the margins are shit, the work continuity is shit and you're working for people who can go bust at any time.

[Justen Bertram @JustenB1990]

@Just_Krystle_M Supply & demand in the housing market is irrelevant to builders.

The is demand for housing, but who is providing the supply? Is the supply sufficient to placate the builders operating in this space? or is it too competitive and leading to a race to the bottom?

[Justen Bertram @JustenB1990]

@vahalladude @SaysSimulation What 'conservative values' exactly?

[Justen Bertram @JustenB1990]

@GermanicusXV @rixonlou @theta_bop @Sauronlordking Yeah giving away more US tax payers $$$ is somehow in their best interests......

He is a fraud like the rest of them

[Justen Bertram @JustenB1990]

@telegraph_sport The same Bulldog Ritchie who was complaining about swearing on a podcast earlier this year?