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Economic Effects of Substandard Home Building
This is a bit from left field, but has it occurred to anyone how incredibly expensive a general level of poor home building construction will eventually be to the economy and the nation as a whole?
The home owning couple usually have their house built for them when they are in their late twenties. On current mortality rates in Australia, that means that they will need to live in that house for some 50 to 55 years.
The problem is that houses do not last that long and the cost of replacing them in a much shorter time may be prohibitive to the home owners.
Perhaps there should be a rule requiring all construction techniques to be such as to ensure that the building will be still standing and usable some 50 years into the future.
Regards,
Peter Merity
The home owning couple usually have their house built for them when they are in their late twenties. On current mortality rates in Australia, that means that they will need to live in that house for some 50 to 55 years.
The problem is that houses do not last that long and the cost of replacing them in a much shorter time may be prohibitive to the home owners.
Perhaps there should be a rule requiring all construction techniques to be such as to ensure that the building will be still standing and usable some 50 years into the future.
Regards,
Peter Merity
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