https://www.news.com.au/finance/busines ... 869c18f983
I guess "Business as usual" these days IS when you're teetering on collapse.

it wont be. 20 pages will be disclaimers and photos. When writing a report, the defects are typically all called out in a single tone and from all the…

ive yet to see a report that lists something in tolerance as a defect. That would diminish the credibility of the report and the inspector.

there's literally hundreds of threads about this in this very forum. Use the search function. I note you asked this EXACT question a month ago and someone gave you a…

did you get an inspection for the pre pour? I hope so, because THAT stuff cant be fixed. Everything on your frame stage can be. The reports always read…

Theyre probably charging everyone the max increase to get back on track regardless of what the actuaL cost is. Its unlikley you will be able to geta an honest break…

yes, it is, hence why i reckon they've run out of money. ie that 200k isnt just to finish your job

sound slike builder has run out of money.

want to take bets on metricon? lol

200k not far from completion sounds like a bit of a concern. Whats left to do?

depends on the reason for sag. If its just due seperattion from the trusses from glue/fixing failing its a quick/easy fix. If its due to leaking, there probably mor egoing…

like 20k isn't 5% of the increase of some homes since Dec 2020 lol

You're missing the point. The property is the banks security. A shed that is livable is not exactly a prime piece of realestate that the bank will be able to…

consumers take risk all the time. Every day in fact. The fact it is in the media now is enough for people to asses whether tehy are comfortable with…

unfortunately as in all ponzi schemes, there will be losers.

couple things to pick apart here -
1. even a profitable well resourced business would not give you this. They are under no obligations to prove to a prospective customer…

Good luck indeed. Read the news lately?

I was thinking about this today. Did a few google searches and some of the articles that have popped up over the last 6 months regarding metricon were a little…

Lol. Ok buddy. 👍

You reckon
I know
https://www.metricon.com.au/display-homes-for-sale
This is how it's done.
Why would a builder want to outlay millions of bucks on display homes when somone else can instead?
It's about cashflow

Builders don't own their displays. They build them for investors and rent them back at a premium.

Gonna be a busy day on the phones tomorrow.

a cause of death would be good to know. Would help clear up some uncertainty.
The whole "unexpected" aspect, minus the cause of death is generally concerning information.
Ie if it…

Interesting one to watch for sure.

as interest rates go up, borrowing power decreases for a vast majority of people.
Lenders asses at a stressed rate of 2.5-3% above advertised rate (if the loan is for…

also really good at burning.
EPS is a problematic material. It is also REALLY cheap. The margin your builder stands to make by using it significant. So while sure, its…

you can have a volume builder build a higher energy efficiency home. You just have to choose the upgrades, and some preferred upgrades may not be available.
ie a volume…

thats like saying cars are in the same price range as cars.
there is an extreme variability in quality and finish across these products

you have a written quote. that's as good as gold from a legal perspective. pay as per quote and move on.get somone else to complete the job