You are confusing payment with profit.
Paying someone for a service and buying something off them is not the same thing.
O Cualann have the capability to build houses for between 170K to about 250K in Dublin, so why are you using some random figure from twitter when you actually know that houses are being built in Dublin by not for profit housing associations in conjunction with the various councils.
Profit can be made in both circumstances.
They are the same thing. Whether you are paying for a service or purchasing a good, there is profit involved. You are the one who is confused, thinking that payment doesn't include profit.
😁😁😁
that will help sort out the nations problems , childish word games..
Mod snip
Breaching threadban
@maccored another threadban breach, take a break from CA
In this context its the extra/profit derived from the sale, as much as can be got on market, that we can save by building.
Not the same. You are comparing profit on top of a wage with a wage. They are separate things. I'm talking about the profit derived from the sale of property on the market place. Thats not agreed payment earned, its on top, its profit. The definition of profit has been posted.
No I am not.
If the Council tenders for housebuilding, then they are not paying a wage, they are purchasing a service, and those supplying the service will have a profit element built in.
The profit derived from the sale of property on the market place will be equal to the profit built in by those supplying the service at the time of tendering. Otherwise, nobody would bother tendering when greater profits are available elsewhere. This is extremely basic economics that you are simply failing to understand.
The only way that a Council could get away with just paying a wage would be if they hired architects, plasterers, bricklayers, carpenters directly. The problem for the Council is that union rules mean these people would have to get permanent jobs, and the Council would be stuck with them long long after the houses had been built, paying them for nothing.
Yes they are paying for a service.
You seem to be arguing the meaning of profit. You can call it what you like.
The extra money made from a sale, after everybody and everything thing is paid, that extra money gained from selling above and beyond paying yourself and everyone else. That extra, can be saved if you pay everyone but keep the house for yourself.
People build for other people all the time. I don't know why you won't accept this. I posted websites of companies that will design and build for clients, not just to sell, but for the client to keep too.
Did the council hire bricklayers and carpenters to build the NCH? No.
Yes, and the developer building the NCH will make a nice decent profit on it too.
I am not going to take this further as there is clearly one view of profit (yours alone) and a different view (every other poster) so no point in continuing any further.
Do you agree that when a person sells something at profit, they make above all costs, including wages for themselves and others?
A yes or no is fine.
You an independent plasterer get €500 for plastering a room, your materials were €100, what is the €400 ? Does the plasterer go home at the end of the day and "pay themselves a wage" ?
Are we comparing lads working for themselves to builders/developers who build houses?
To answer your question, yes. If he's running it as a business. That's how he pays for his equipment and expenses as needed. You don't pay the lad to kit himself out and buy a van when you hire him.
Show me the wage an independent plasterer pays themselves for a job done. What is their hourly rate set at?
edit, actually, I'll make it simpler for you, out of that 500, 100 is on materials and costs and 395 is on wages I've paid myself, what do you call that extra 5 quid?
How do you think he pays tax? How do you think he pays for petrol? Does he not keep books?
Do you agree that when a person sells something at profit, they make above all costs, including wages for themselves and others? Third time asking. A yes or no is fine.
edit, actually, I'll make it simpler for you, out of that 500, 100 is on materials, taxes, petrol and other costs and 395 is on wages paid to himself, what do you call that extra 5 quid? (it begins with P).
So in your fantasy land are you expecting g councils to employ builders, plasterers, electricians etc? Is that what you are getting at?
Profit. As a business, he pays himself a wage and anything extra after costs is profit. Having a set wage and keeping track of expenses is how he knows he's getting a profit.
His co worker would be getting a wage, but no profit.
Do you agree that when a person sells something at profit, they make above all costs, including wages for themselves and others? Fourth, final ask. A yes or no will do.
No. You've not been following. You can hire companies to build houses, roads, hospitals, tunnels and lay pipe. Its magical.
Getting somewhere, so those building for the council are making profit.
Now, when quoted for work, how do you set the persons wages so they won't make any profit?
You refuse to answer my questions.
Now you are mixing up how a person spends their income with developers selling us houses.
My prior post was to try and help Brucie understand the concept of Profit. It appears that has failed and the discussion has continued to dominate the thread. Hence I'm now stepping in as a mod and instructing everyone to drop the issue and move on
Now that the Sinn Fein policy on housing has been ripped apart, maybe time to look at other issues.
Like the PIRA, it seems that Bobby Storey hasn't gone away.
Miriam Lord: "A brief and disappointingly tame contravention of the Covid-19 regulations (Iveagh House is no Downing Street) bears no comparison to what was a paramilitary show of strength involving hundreds of mourners, many in black and white uniforms and many of whom were bused in for the occasion."
Slugger: "But if you’re going to throw rocks, make sure your own hands are clean first?"
I responded to questions. Filibuster. Another word you might look up.
You refused to answer a direct question 4 times. Now you are making up the conversation.
Another government party councillor accusing his family of hosting a fake funeral. Going after the family of a dead man. #notanormalparty
Nonsensical outrage.
There are legitimate outstanding questions about the Bobby Storey funeral which was not a normal funeral.
Its filthy behaviour to be haranguing his family after his death. Criticise SF, but going after the family is reprehensible. MLMD didn't set the funeral casket, the family did.
Nonsensical outrage? What do you call you obsession with a funeral long over?
Funny how the families of the dead get abused when the government is in a spot of bother.
