Godlike Productions - Discussion Forum
Users Online Now: 2,113 (Who's On?)Visitors Today: 751,300
Pageviews Today: 1,324,881Threads Today: 560Posts Today: 9,671
03:30 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Housing Market About to CRASH...Direct Intel From Builder

 
LeftBlu4Red
Offer Upgrade

User ID: 79693435
United States
10/21/2021 01:31 PM
Report Abusive Post
Report Copyright Violation
Housing Market About to CRASH...Direct Intel From Builder
Wife has been Developer/Builder for 10 yrs; I'm licensed real estate in FL & GA.

Wife's company JUST finished meeting with supplier, 84 Lumber; multiple reps & execs in attendance. Back up 6 months, neighborhood she just completed has had 21 homes (avg. price $450K) with no windows. Cant get a certification of occupancy without them; but, there aren't any available. It is NOT an INVENTORY issue...its a WORKER issue.

Here's the texts she just sent me:

"So our vendor 84 lumber, who we get the lumber & trusses from (for ALL communities) has a meeting today on the Covid shot. They're giving employees until the end of Nov. to get it. If not, they're out of there. And of course they're ALL against it. I'm like, "welp, materials & housing is gonna suffer BIG time."

"Our rep called me and said, "send whatever you have for today cuz I might not be here tomorrow or next week. There will be NO lumber available, soon. It has nothing to do with INVENTORY, and it never has."

"All of the National Builders meet at the beginning of the year and decide how much they will build, and how to spread the wealth between the top 10. Once that target is met, they are all going to stop ALL operations."
Anonymous Coward
User ID: 80713689
United States
10/21/2021 01:33 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Probably shave about 20% off current prices at worst.
Crypto-Tard

User ID: 78144147
United States
10/21/2021 01:33 PM

Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
No big surprise.

Get a portable saw mill and make your own lumber.

Then salvage whatever windows and other hardware parts you need. Focus on electrical and plumbing. Many of those parts are imported and you can't build anything without them.
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.
LeftBlu4Red  (OP)

User ID: 79693435
United States
10/21/2021 01:36 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
No big surprise.

Get a portable saw mill and make your own lumber.

Then salvage whatever windows and other hardware parts you need. Focus on electrical and plumbing. Many of those parts are imported and you can't build anything without them.
 Quoting: Crypto-Tard


BINGO! I have a client that specializes in obtaining wood by buying old barns, throughout the US. Buys them, dismantles them, ships them, and then cleans up the wood and sells it for a TON of $$$.
AxX

User ID: 75450217
United States
10/21/2021 02:28 PM

Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This is going to cause the housing market to crash?

New home sales will crash and plummet, I agree. Can't finish building the new homes, can't sell them, goodbye new home market.

But if you can't build a NEW home, then you need to buy a USED home.

Since people are in the USED home, the buyer will have to make it worth while and offer more than the house is worth to incentivize someone else to have their problem of needing to buy a home.

To me, this seems that the housing market, for existing homes will end up soaring even higher.
1dunno1
Energy flows where focus goes.

[25/77/22]

Rev 3:9 <-- Wonder who these guys are?

“The future’s uncertain and The End is always near!” - Jim Morrison, 1970
Anonymous Coward
User ID: 80713689
United States
10/21/2021 02:38 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This op cannot debate anything so he ignores any post he doesn't agree with. Just like the msm.
Georgia_dawg

User ID: 74138260
United States
10/21/2021 02:41 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
bump
Marquis of Pinellas

User ID: 78008456
10/21/2021 02:50 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
[link to godlike.com (secure)]
I'm a realist, trapped in a fairytale. Send help.
Marquis of Pinellas

User ID: 78008456
10/21/2021 02:50 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
 Quoting: Marquis of Pinellas


Down the tube man.
I'm a realist, trapped in a fairytale. Send help.
LeftBlu4Red  (OP)

User ID: 79693435
United States
10/21/2021 02:50 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This op cannot debate anything so he ignores any post he doesn't agree with. Just like the msm.
 Quoting: Anonymous Coward 80713689


This guy, again? LOL Debating is one thing, dealing with a schmuck is completely different.
Anonymous Coward
User ID: 80713689
United States
10/21/2021 02:53 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This op cannot debate anything so he ignores any post he doesn't agree with. Just like the msm.
 Quoting: Anonymous Coward 80713689


This guy, again? LOL Debating is one thing, dealing with a schmuck is completely different.
 Quoting: LeftBlu4Red


Name calling too, just like the msm during the four Trump years. You're batting a thousand! rockon
Anonymous Coward
User ID: 79724041
10/21/2021 02:54 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Homes should depreciate like cars. The you know whos turned that around so they can take your cash.
Anonymous Coward
User ID: 79752325
United States
10/21/2021 02:59 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This is going to cause the housing market to crash?

New home sales will crash and plummet, I agree. Can't finish building the new homes, can't sell them, goodbye new home market.

But if you can't build a NEW home, then you need to buy a USED home.

Since people are in the USED home, the buyer will have to make it worth while and offer more than the house is worth to incentivize someone else to have their problem of needing to buy a home.

To me, this seems that the housing market, for existing homes will end up soaring even higher.
1dunno1
 Quoting: AxX


Exactly this, the similar scenario right now is in the car market, less new cars, so now all cars new and used are worth more.
LeftBlu4Red  (OP)

User ID: 79693435
United States
10/21/2021 03:02 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This op cannot debate anything so he ignores any post he doesn't agree with. Just like the msm.
 Quoting: Anonymous Coward 80713689


This guy, again? LOL Debating is one thing, dealing with a schmuck is completely different.
 Quoting: LeftBlu4Red


Name calling too, just like the msm during the four Trump years. You're batting a thousand! rockon
 Quoting: Anonymous Coward 80713689


Guy…I give what I get. You and I crossed paths on ONE post…ONE. And, you dropped the first insult. So fk off.
Anonymous Coward
User ID: 80157376
United States
10/21/2021 03:02 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
HAHA op is either lying or has no idea how markets work. Less of something always means that existing supply becomes scarcer and price goes up. If you can't build new homes then people need somewhere to live so existing homes go up in value due to supply and demand. In no way, shape or form would what op is proposing ever come to fruition.
Anonymous Coward
User ID: 80354296
United States
10/21/2021 03:03 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Wife has been Developer/Builder for 10 yrs; I'm licensed real estate in FL & GA.

Wife's company JUST finished meeting with supplier, 84 Lumber; multiple reps & execs in attendance. Back up 6 months, neighborhood she just completed has had 21 homes (avg. price $450K) with no windows. Cant get a certification of occupancy without them; but, there aren't any available. It is NOT an INVENTORY issue...its a WORKER issue.

Here's the texts she just sent me:

"So our vendor 84 lumber, who we get the lumber & trusses from (for ALL communities) has a meeting today on the Covid shot. They're giving employees until the end of Nov. to get it. If not, they're out of there. And of course they're ALL against it. I'm like, "welp, materials & housing is gonna suffer BIG time."

"Our rep called me and said, "send whatever you have for today cuz I might not be here tomorrow or next week. There will be NO lumber available, soon. It has nothing to do with INVENTORY, and it never has."

"All of the National Builders meet at the beginning of the year and decide how much they will build, and how to spread the wealth between the top 10. Once that target is met, they are all going to stop ALL operations."
 Quoting: LeftBlu4Red


uh. I've set a hell of alot of windows. thousands.. and worked from start to occupancy permit on hundreds of houses from pad to paint. Mostly framing and concrete.

no one builds a house and FINISHES it without windows. You can't. Impossible. You can't cut them in later without major ripping off your outside sheething, siding, stucco orw whatever is on there. If they did, they are ignoramouses. for the following reason:


ANYONE can be trained to set windows. A GC would NEVER let the house get built without windows, he would grab temp guys even if he had to pull them from out of state. ANYONE can be trained to set windows in a single day. The cost of doing them later is astronomical.

nothing of what you said makes sense.
Anonymous Coward
User ID: 46925253
United States
10/21/2021 03:04 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Ah yes... The old decreasing supply makes prices go....down?


Lol
Indiana Jones

User ID: 80220533
United States
10/21/2021 03:07 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Hire them direct.
Light travels faster than sound. This is why some people appear bright until you hear them speak
PirateMonkey

User ID: 78092783
United States
10/21/2021 03:08 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Who could have predicted this?

disastertrump
7/11 was a part time job!

Psalm 35:19 Let not them that are mine enemies wrongfully rejoice over me: neither let them wink with the eye that hate me without a cause.
Lago

User ID: 65555184
United States
10/21/2021 03:10 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Wife has been Developer/Builder for 10 yrs; I'm licensed real estate in FL & GA.

Wife's company JUST finished meeting with supplier, 84 Lumber; multiple reps & execs in attendance. Back up 6 months, neighborhood she just completed has had 21 homes (avg. price $450K) with no windows. Cant get a certification of occupancy without them; but, there aren't any available. It is NOT an INVENTORY issue...its a WORKER issue.

Here's the texts she just sent me:

"So our vendor 84 lumber, who we get the lumber & trusses from (for ALL communities) has a meeting today on the Covid shot. They're giving employees until the end of Nov. to get it. If not, they're out of there. And of course they're ALL against it. I'm like, "welp, materials & housing is gonna suffer BIG time."

"Our rep called me and said, "send whatever you have for today cuz I might not be here tomorrow or next week. There will be NO lumber available, soon. It has nothing to do with INVENTORY, and it never has."

"All of the National Builders meet at the beginning of the year and decide how much they will build, and how to spread the wealth between the top 10. Once that target is met, they are all going to stop ALL operations."
 Quoting: LeftBlu4Red


That will not cause a market crash, it will increase demand for the remaining housing stock.
Lago
Anonymous Coward
User ID: 72720505
United States
10/21/2021 03:10 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Imagine no possessions
I wonder if you can
No need for greed or hunger
A brotherhood of man

You don’t need a house when you have a “brotherhood of man “says the Satanist.
Pistis Sophia of the 13th Aeon

User ID: 80472187
United States
10/21/2021 03:11 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Intel From... "Builder"

Idol1
"Honey, I’m the original one-eyed chicklet in the kingdom of the blind."
AxX

User ID: 75450217
United States
10/21/2021 03:11 PM

Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This is going to cause the housing market to crash?

New home sales will crash and plummet, I agree. Can't finish building the new homes, can't sell them, goodbye new home market.

But if you can't build a NEW home, then you need to buy a USED home.

Since people are in the USED home, the buyer will have to make it worth while and offer more than the house is worth to incentivize someone else to have their problem of needing to buy a home.

To me, this seems that the housing market, for existing homes will end up soaring even higher.
1dunno1
 Quoting: AxX


Exactly this, the similar scenario right now is in the car market, less new cars, so now all cars new and used are worth more.
 Quoting: Anonymous Coward 79752325

Exactly! 8 days after a friend bought a jeep, the dealer called him back offering to buy it back for $4k more than he paid.

Used car prices are through the roof due to there being no new cars made.

Used home prices should soar due to there being no new homes being built.
Energy flows where focus goes.

[25/77/22]

Rev 3:9 <-- Wonder who these guys are?

“The future’s uncertain and The End is always near!” - Jim Morrison, 1970
Anonymous Coward
User ID: 77943916
United States
10/21/2021 03:12 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
If they build less houses, existing home prices go up, not down.
Anonymous Coward
User ID: 80970430
Canada
10/21/2021 03:15 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This won't crash the market, it will halt construction.

The market will keep tearing higher. Which is what the elites want.

"Own nothing, and be happy" remember? They want a nation of renters, not homeowners.
Silenced J

User ID: 48836983
United States
10/21/2021 03:15 PM

Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
I think you mean: New Construction market about to crash and resale market about to soar!!
Anonymous Coward
User ID: 78555463
United States
10/21/2021 03:18 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
O P , your story wont work, go back to your boss at Blackrock/Vanguard and see if they have any other ideas?
Anonymous Coward
User ID: 80683328
United States
10/21/2021 03:18 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
The windows in stores like ACE and True Value have been very low on stock for the last year. They didn't know when more were arriving.

Three homes just barely finished in our town. They look different from the previous three in the same development not because he wanted it that way either. He had to purchase different materials to get it done.
RickWilesDerp

User ID: 78931731
United States
10/21/2021 03:21 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This is going to cause the housing market to crash?

New home sales will crash and plummet, I agree. Can't finish building the new homes, can't sell them, goodbye new home market.

But if you can't build a NEW home, then you need to buy a USED home.

Since people are in the USED home, the buyer will have to make it worth while and offer more than the house is worth to incentivize someone else to have their problem of needing to buy a home.

To me, this seems that the housing market, for existing homes will end up soaring even higher.
1dunno1
 Quoting: AxX


I agree, things are already crazy with homes selling for 25% or more over asking (which was already inflated)
Things will not get better over the Dark Winter and in spring, unless we are in the midst of a massive economic crisis, used home prices will go up....of course not like you can sell at those high prices unless you have somewhere to live....

Good times.

I hope I am wrong, I usually am.
John James WON Michigan

User ID: 76317227
United States
10/21/2021 03:22 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
Probably shave about 20% off current prices at worst.
 Quoting: Anonymous Coward 80713689


Yeah my 2200sq ft house is "Supposedly" Worth $350K right now...in a normal market I would be happy to get $225K, I live in a small midwestern town where your money goes a LONG WAY.


Blackrock is pushing real-estate off the charts, 2008 all over again.



1dunno1

Last Edited by #Zuckerberg for Prison on 10/21/2021 03:22 PM
RELEASE ALL OBAMA BIDEN CLINTON records...Putin is a asshole, just like Biden and Clinton.
Brady Bunch

User ID: 68562862
Canada
10/21/2021 03:22 PM
Report Abusive Post
Report Copyright Violation
Re: Housing Market About to CRASH...Direct Intel From Builder
This is going to cause the housing market to crash?

New home sales will crash and plummet, I agree. Can't finish building the new homes, can't sell them, goodbye new home market.

But if you can't build a NEW home, then you need to buy a USED home.

Since people are in the USED home, the buyer will have to make it worth while and offer more than the house is worth to incentivize someone else to have their problem of needing to buy a home.

To me, this seems that the housing market, for existing homes will end up soaring even higher.
1dunno1
 Quoting: AxX




This!!





GLP