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If It Really Is Happening
Posted on 8/5/24 at 7:10 am
Posted on 8/5/24 at 7:10 am
How does that affect someone who just dug footers for their new home? Prices going up?
I was fresh out of high school during the last recession. Didn’t really care about anything but girls and enough money for gas. I don’t remember the fall, just details after the crash.
I was fresh out of high school during the last recession. Didn’t really care about anything but girls and enough money for gas. I don’t remember the fall, just details after the crash.
Posted on 8/5/24 at 7:18 am to GAFF
quote:
How does that affect someone who just dug footers for their new home? Prices going up?
Right now? Nada. IF this is the big correction which pops the consumer debt bubble due to high UE, eventually we'll see prices falling across the economy as deflation sets in due to consumers not having enough credit to empty shelves of supply.
Posted on 8/5/24 at 7:20 am to GAFF
Mortgage rates are dropping this morning.
Of course if things get really bad then home prices will also be dropping
Of course if things get really bad then home prices will also be dropping
This post was edited on 8/5/24 at 7:21 am
Posted on 8/5/24 at 7:20 am to GAFF
If your construction has already begun, you will likely see little to know davings even if there is a steep decline in the cost of materials. Labor still is the biggest part of building and your subs have likely already priced your job.
Even in recessions, the cost to build rarely drops. At worst, (maybe at best) they stagnate.
Even in recessions, the cost to build rarely drops. At worst, (maybe at best) they stagnate.
Posted on 8/5/24 at 7:36 am to Curb Your TDS
I’m comfortable with the cost to build but I’d LOVE to see rates drop by the time I’m finished building.
Posted on 8/5/24 at 7:37 am to GAFF
What time will the market close? Early?
Posted on 8/5/24 at 7:58 am to GAFF
Your window package is going up. Word on the street in my industry is a flat glass increase coming mid August. We're looking at a 10% increase on raw glass. That usually equates to a ~15% increase on insulating glass.
Posted on 8/5/24 at 12:46 pm to Curb Your TDS
quote:Last night you posted several times that this November's Presidential election was going to be canceled because of the today's stock market pull back.
Curb Your TDS
Are you still standing by your prediction?

Posted on 8/5/24 at 1:04 pm to LSURussian
He’s a bot/alter so of course he’s not standing by shite.
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