Roaring 20’s are apparently here. It’s strange seeing this play out. Shortages and price increases are making each day a headache for the cabinet business. Still bidding a lot of projects, every shop in town is behind/hiring. It’s like a mini bubble with labor wars going on and materials skyrocketing. I see it getting worse as trades fall behind and don’t watch their margins, just shoulder to the wheel until they run out of money.
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Crazy Inflated Home Construction Costs?
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Originally posted by Texas Stalker View PostI just paid $60 and some change at Foxworth Galbraith for a sheet of 7/16 osb. Yeah you heard me right. And that was with my contractor account. I may be done with that lumber yard. Straight up price gouging. I had to have it right away or I’d have driven 20 minutes to HD and got it for $40......still a rip off.
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Was standing behind a guy in Lowe’s that had a cart full of it. When the cashier rang him up and told him the total he very loudly said......**** that!!.....and walked out and left it there.
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Originally posted by thaRealTexx View PostMy neighbor is a custom home builder and he thinks it could be 2-3 years.
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Originally posted by Playa View PostNobody is calling it what it is, but inflation is here and growing fast. This ^^^ is not a sustainable model. We can’t keep printing $, and acting like a drunk banker lending to a drunken sailor.
Truthfully we just replaced lax lending practices of the 2008 debacle with cheap money. This bubble will bust the same
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Originally posted by gingib View PostNo chance it goes back down!
People are paying it now, why would they lower the prices
It will come down. It may not fall to pre Covid prices, but it will come down.
Originally posted by Flex View PostYeah, this is crazy. Wrong time to be looking. I had planned on building a Barndo for me and the kids. But don't see anyway possible now. Not going to be 200k in a 100k barndo.
I hope you guys above are right about it going back down eventually. Market is insane in Central Tx right now.
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