Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring - Page 2

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Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring
Anonymous Coward User ID: 73650946 United States 02/16/2020 07:00 PM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring Every supply chain has redundancy and resilience. BS thread. Quoting: Anonymous Coward 78221722 This thread hit a nerve, eh?

Anonymous Coward User ID: 78492264 United States 02/18/2020 02:35 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring ... I built my home in 2004. The cost of a sheet of 3/4 Advantech sub-flooring was $35/sheet. In fact, building products in general were at an all-time high. I didn't much care for that, but the house got built nonetheless. The housing market most certainly did not collapse then, nor will it now. There's a nationwide shortage of housing, and our workforce is growing. Our economy is market driven. From that will arise whatever solutions are necessary to combat the complications we face. In fact, WWII forced the entire nation to exist on rationed materials. Not only did we survive, WE WON A DAMNED WAR TOO. End of discussion. Quoting: Anonymous Coward 76953806 I'll bet your house is a piece of crap. Cheap. 2004 was the height of the market, builders were slapping houses together cheaply. Forget the crash in 2008 that was nothing. You overpaid in 2004 and get ready for a 50% drop in value this year. You know I'm right so don't even bother replying. Quoting: Anonymous Coward 73222077 I'm a custom home builder, and my house is beautiful. Thank you for asking. Perhaps when you get out of your parents basement, work hard, develop a viable skill, contribute to the economy, and pass a basic course in economics, your outlook will change a bit. Quoting: Anonymous Coward 76953806 In case you forgot, this is glp, so we know you're lying and at best you over paid for your shitty cookie cutter double wide. Quoting: Anonymous Coward 73222077
anonymouse User ID: 78486880 United States 02/18/2020 02:45 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring
NotStarvingActress User ID: 77515635 United States 02/18/2020 03:28 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring OP, Thanks for the heads up. It's going to hit Vegas super hard just like it did in 2008. Local construction means support from the tradesmen for the local casinos. Without work they'll leave for greener pastures wherever they can find them, putting their homes up for sale at a loss. Then you'll see a chain reaction against most employees in Vegas.
Anonymous Coward User ID: 78492264 United States 02/18/2020 09:36 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring OP, Thanks for the heads up. It's going to hit Vegas super hard just like it did in 2008. Local construction means support from the tradesmen for the local casinos. Without work they'll leave for greener pastures wherever they can find them, putting their homes up for sale at a loss. Then you'll see a chain reaction against most employees in Vegas. Quoting: NotStarvingActress This
Anonymous Coward User ID: 78492264 United States 02/18/2020 09:39 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring Anywhere there is new construction and building is doomed by this. Supply chain is crucial to this industry. You've got maybe 6-12 months of new construction inventory and then boom. It's going south fast.
Anonymous Coward User ID: 74706783 United States 02/18/2020 09:56 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring Time to take cover... Quoting: Housing collapse imminent 75063231 Should i sell my home NOW and move my family to an apartment then wait for the collapse and THEN buy a nicer home at 50% off current prices? Seriously.
Anonymous Coward User ID: 77378410 United States 02/18/2020 10:00 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring Interesting thread. I think new housing is going to grind to a halt but existing will somewhat hold it’s value. Those who bought up homes during the crash at the bottom especially. Definitely going to affect...wouldn’t want to be upside down. We’ve been looking at retirement homes and can’t believe people want to spend a gob of money on a retirement home and how much hoa fees are...and the taxes..
ROCKY 7 User ID: 78068403 United States 02/18/2020 10:30 AM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring So we won't be able to build or buy a new house. That ol used home is all you have to chose from then. You will buy it at my price or just stay in that shitty apartment. Yes the prices will go up. ROCKY 7
Anonymous Coward User ID: 78495659 United States 02/18/2020 08:58 PM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring Interesting thread. I think new housing is going to grind to a halt but existing will somewhat hold it’s value. Those who bought up homes during the crash at the bottom especially. Definitely going to affect...wouldn’t want to be upside down. We’ve been looking at retirement homes and can’t believe people want to spend a gob of money on a retirement home and how much hoa fees are...and the taxes.. Quoting: Anonymous Coward 77378410 I wouldn't be so sure about that. Housing has been in a bubble for years, especially in areas like Colorado where there is new construction everywhere. The faster a region grows, the harder it crashes. Plus, Americans are up to their eyeballs in credit card, mortgage and car loan debt. It's all going to fall and is not coming back anytime soon. Bank on it.
Anonymous Coward User ID: 78495659 United States 02/18/2020 09:01 PM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring Anywhere there is new construction and building is doomed by this. Supply chain is crucial to this industry. You've got maybe 6-12 months of new construction inventory and then boom. It's going south fast. Quoting: Anonymous Coward 78492264 Yup. And existing homes are going south, too, as credit dries up. People are not getting wage increases like they used to. No one gets out alive.
Anonymous Coward User ID: 78495659 United States 02/18/2020 09:03 PM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring So we won't be able to build or buy a new house. That ol used home is all you have to chose from then. You will buy it at my price or just stay in that shitty apartment. Yes the prices will go up. Quoting: ROCKY 7 After the collapse, no one will have any money to buy even the old crappy houses.
Anonymous Coward User ID: 78495659 United States 02/18/2020 09:11 PM Report Abusive Post Report Copyright Violation	Re: Supply Chain disruptions and the new construction housing market.... Get ready for the big short 2.0 this spring Time to take cover... Quoting: Housing collapse imminent 75063231 Should i sell my home NOW and move my family to an apartment then wait for the collapse and THEN buy a nicer home at 50% off current prices? Seriously. Quoting: Anonymous Coward 74706783 If you are planning to sell, do so now.
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