"Robatoy" wrote in message
On Jan 16, 12:01 am, "RonB" wrote:
Still getting it, in dribbles, here, but the rumor is that the mdf shortage
is apparently due to a world wide shortage of methanol.
It's always something ... go to pour a foundation, suddenly concrete,
readily available last week, is in short supply; trim a house, suddenly
sheet goods, heretofore plentiful, are hard to find.
Somebody want to pay me to quit so we can just skip all this shortage shit?
I'm going through that very thinking right now. Our shop sit across
the street from a lake in western washington and a developer that has
the waterfront has to have our dirt to make his project work. He's
offered a lot of money for the dirt and we countered for even more
which he accepted if we can close by the end of the month. In
addition we're a small 5 man electrical contracting shop and they gave
us a one year lease back for $100 for the year and $100K to move or
close. Ran another add last week for an experienced tech and got one
call and the guy had no experience at all. I'm only 58 but stronly
considering just staying home and getting better at my woodworking.
It's not just Lowes....
The building industry is in the dumps and heading
down even more in the coming months.
Myrtle Beach, S.C. has more than 9,000 condo's on
the market. That's new sales, not resales.
I have read that Miami area is even worse.
Construction guys are in a real jamb here.
I wouldn't count on it ... the prices in many areas don't seem to be
dropping to match the media's gleeful 'doom and gloom'.
Kept hearing how bad the housing market in Hot Springs was back in December
... until, that is, I started looking for "comps" to get an idea of a
properties value, and was seeing what I would consider high prices, even
down here in Houston where the market hasn't been all that bad.
Thar seems to be the case up here also. It's like a giant
game of chicken between the sellers and the buyers.
The down turn here ain't from the media, it's for real.
I understand other areas seem to be doing just fine.
The market got way overheated here for alsmost 5 years
and all that's coming home to roost.
It will swing the other way at some point.
It always has.
You would think, but I know that not
to be true.
The quality of the plywood I have seen
lately continues to spiral downward,
which I didn't think was possible.
We have seen building materials costs
continue to fall in certain products.
OSB has really fell through the bottom.
According to that scenario, there should be plenty
of mdf/building materials available, eh?
Based on the 4th qtr reports of the financial industry yesterday, I
have a very uncomfortable feeling that the building industry is just
the "canary in the coal mine".
It's going to be tough going for a while.
"Pendulums swing, like pendulums do ..."
In this case the media has a vested interest in doom and gloom ... until
after 11/08. Take a look at the DJ five year average:
Terrible ain't it?
IOW, don't believe a damn thing you see or read, they're all lying to
further their agenda's, and they ALL have an agenda.
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