Units are generally less than half the size of a conventional house in the same neighborhood and priced accordingly. I'm super confident of my thesis.
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Yes I am sure you are. If they are priced at half the local conventional house what effect does construction costs have? Hmmm…
Maybe if you CAN just recoup your costs as part of the unit sale price Oceania could 'pretend' internally that they had incurred extra construction costs and then increase the sale price accordingly! May need to send Brent an email.
What about all the embedded value of all the existing units though?
If costs increase, naturally prices increase and therefore units built in the last decade are all worth more and resold again and again for more and more profit.
Sometimes I think this investment is just too easy...
Brexit britain are hiking all sorts of taxes to pay for "social care".
https://www.cnbc.com/2021/09/07/bori...re-crises.html
Mainly on the workers of course..
Bezos seems interested in the more obvious direction, fixing the underlying aging issue with medicine.
You ave to like the new adverts.
Been thinking about what might happen to the likes of Oceania with the 'new normal' / living with covid and no more lock downs - maybe next year
Probably be hundreds and hundreds (maybe thousands) of covid cases reported every day
Aged care facilities will be affected - they won't be able to escape living with covid
At least it will be 'normal' and and the outcomes accepted as one of those things - so shouldn't shock the markets hopefully
Question then - should whatever the living with covid ramifications are affect our perceived value of Oceania (and others) shares
We should be forward looking
An upside might be higher death rates for a few years which would help that unit turnover rate (good) - downside might be more really sick residents whose sickness will linger and requiring moe and longer care (hoping faciities can cope and have enough people)