Where are the big money investors spending ?Renovating
February 2, 2010 by Tim
Filed under Renovating, property market, tips
Rather than worry constantly, about rising interest rates, government taxes, foreign wars or the price of gold. What can we see ahead for the prospects of profitable renovating? What can make it easy for home renovating? What’s a man to do when the sharemarket is so volatile?
Here, I am noting that the corporate sector is making big investments. Bunnings have public plans to spend billions, building 150 new Hardware stores. Reading today, that Bunnings is worth $8.6 billion to Wesfarmers, at the moment. Metcash are taking over the Mitre 10 stores, for millions of money. Woolworths are joint venturing with Lowes (USA Hardware stores) in order, to spend billions, building hundreds of new hardware stores. Well, it looks like the big boys are spending up big, on hardware for the home, gardening and renovating sector!!! As they say on CSI , follow the money trail of evidence.
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