HomeRun Homes Rent to Own Homes Blog

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HomeRun Homes is a centralized marketplace which helps people Find or Sell a Rent to Own Home, both Nationwide and Globally to the thriving Rent to Own Market. http://www.lease2buy.com
Showing posts with label public. Show all posts
Showing posts with label public. Show all posts

October 4, 2011

Expensive to Build in The USA? Not Even Close!

Hi Folks,
   Welcome back.

   We often hem and haw about prices, and how expensive things are, but if you lived in Switzerland, you might think differently about things! True, it's a beautiful country and has a reputation for delectable chocolate, but it also topped the list of the "Ten most expensive countries in the world to build", in a recent article.

   According to a story on InternationalEat.com, "Switzerland remains the most expensive place in the world to build new properties", with data pulled from the latest EC Harris report. Using UK prices as a baseline, construction costs in Switzerland are more than 25% higher than anywhere else in the world (the story adds that the "price of construction in Switzerland is 71% higher than in the UK"). Mathew Riley of EC Harris said that he was not surprised to see Switzerland and the Scandinavian countries as the most expensive places to build, since "high labour costs and the need to import materials are all combining to drive prices up."

   Taking a step back, Europe came in as the most expensive continent in which to build, with 8 European countries populating the Top 10 list. The other two countries were both Australia and Canada. The cheapest countries to build in? It was a tie between India and Sri Lanka (construction costs estimated to be 72% cheaper than the UK baseline).

   If you are a builder or a contractor, you have seen your profit margins get slimmer and the competition on the rise, and the results of this report point to the need for Western economies to, "start planning ahead now to guarantee access to the raw materials needed for future construction projects."

   As for North America, the report finds that the average construction costs in the US are around 10% lower than in the UK, however, as the economic recovery progresses, these costs are likely to rise.

   In terms of construction spending during August 2011, we were at $799.1 billion (Up 1.4% from July and almost 1% from August 2010). Public Construction was on the upside, at 3.1% above July, and more specifically, Educational construction and Highway construction both posted gains of 3.5% and 4.3%, respectively. Private Construction Changes were negligible to minor.

   Penny for your thoughts...

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Have a Great Week, and Happy Rent-to-Owning !
Regards,
Rob Eisenstein
HomeRun Homes Blog: http://blogging.lease2buy.com
HomeRun Homes Websites: http://www.lease2buy.com and http://www.homerunhomes.com

TAGS: #constructioncosts #Switzerland #Europe #UK #builder #contractor #constructionprojects #rawmaterials #public #private #educational #highway

September 29, 2010

Rent to Own Indicator and Our Public Speaking Promo Video

Hi All,
   Happy Wednesday to all of you. I have to say that I was so amazed with the reported increase in housing prices, that I Tweeted, "Home Prices Up 5 Months in a Row...Really? Anyone want to help establish a "Rent to Own" Indicator?"

After Tweeting this, I realized a few things that I need to clarify:
1) Not everyone is on Twitter. If you are, you can follow @homerunhomes, and
2) Please don't mistake the Tweet from yesterday as a sarcastic one.

    I would really like to see a Rent to Own/Lease Option indicator (inventory based ?). The only problem that I see outside of actually compiling such an indicator is that it might involve some Government entities a little bit more that what is actually required. What are your thoughts on this? I'm sure there are some strong opinions about this.

   OK, so as the second half of the title suggests ("Public Speaking Promo Video"), we have recorded our Public Speaking intro video right here in the office. Our original announcement about Public Speaking appearances (on Real Estate Investing, Rent to Own Homes, Motivational Techniques, and Business Tips that I have learned along the way while growing the business), can be seen in this Blog Post: http://blogging.lease2buy.com/2010/09/public-speaking-on-rent-to-own-finally.html

   Since the video is quite large, it has been uploaded to YouTube, and can be viewed at this link: http://www.youtube.com/watch?v=9sMr5BY09Pc

   In the next few days, it will also be available on our Public Speaking Page at http://www.lease2buy.com/speak.php



Thank for reading.
Have a Great Day, and Happy Rent to Owning !!!