I agree. Like I said.. we are barely to 2007.
I don't know what to think of all this. I see the numbers and read the reports. What I see on the streets doesn't match. What I hear doesn't match. I think you put agitated politicians, over spending, inflation, credit card debit and the fools games of the pandemic all in one mix and we have a big problems. The American people can handle anything one at a time. This is just to much. What I see with my own eyes is that people are putting on a good face. The person in front of you and behind you at the grocery store are not buying what they need but what they can afford.
Is this a residential, mixed use or office building? Location if you care to reply.
Impossible. I quit advertising because I am tired of unqualified people asking for 30-40.00 an hour and they can’t really do shit. Couple of weeks ago, a guy came buy. Talked the talk. Told him to come back in the morning and I would let test weld some pieces to see if he could back up his claims. Needless to say shop girl welds better than he could . Mechanics, plumbers and electricians are going to be able to charge a premium as the work force just isn’t there.
Work may have stopped for you in 2008. But being a estimator in commercial construction we saw it coming a year or so earlier. We just thought it was a slump and hoped things would pick up. Our field guys were happy and still spending money. Once the jobs on the books were done there wasn’t another job to go to. So the extra spending stopped. Haven’t seen it yet in 2022.
This^^^^.
Demand continues to grow, but we can’t find labor to meet the demand. And that ranges from executive workers to entry level workers. We can’t find replacements for planned retirements let alone growth.
There is also the need to find some to fill my position and mentor for the next 3 years. Then let them run with things Along side my son and his business. That is the plan it will be interesting to see how it really pans out. 
Your charts are irrelevant. Wait until the current quarter’s data is available.
What state are his real estate offices in?
We are in the same position
Volume is definitely down dramatically.
I take it the cities aren't streamlining ADU's any more.
The different charts and data sets are interesting.
Didn't prices fall off a cliff because majority of people couldn't afford their home when the interest rate changed or never saved up for a balloon payment? It was cheaper to rent the same size house than it was to pay a mortgage on that they really couldn't afford in the beginning. People may have paid a decent amount for their house these past 2-3 years but they were probably qualified correctly and got a fixed monthly payment with a low interest rate. Their house may have gone down in value now but it's not like the payment has shot up making it unaffordable. I bet rent in neighborhoods is still more than what people are paying for a mortgage in the same neighborhood.
No matter what the macro economic environment may be, someone is making bank.
I think a lot of people tend to look at things through a prism of California or urban area demographics. The loss of a warehouse job or truck driving job may mean "rent" issues in one area, but by all means, could be enough to buy a home in other places.
This is a bullshit argument. The labor and skills are there....people aren't willing to work for "nothing." They find alternatives that either pay better or are "easier" on their bodies for the money. Cost of living is exponentially higher when you add in housing etc than 2 years ago. Wages haven't kept up with increased costs in decades...the last 2 years exacerbated that to the point that it's unsustainable.
Washington State.
Ok. I can’t argue with you about wages vs costs, but businesses have the same problem. As the song says, money don’t grow on trees. Where is it to come from? Raising prices to pay higher wages just continues the cycle. There’s no easy solution that I’m aware of.
Consider buying a collaborative welding robot. You can damn near take a warm body off the street and get qualified welds quickly. Massive de-skill automation is coming to solve these problems. This will drive an increasing wedge between two classes and substantially increase the barrier to entry to start up businesses.
Except almost eve we do is one off So automation is not really an answer. Some things can’t be replaced by a robot.
It's mixed use. Three stories under ground parking. First floor is all retail and restaurants. Second and third floors large offices area and the rest is residential. This building is in California.Is this a residential, mixed use or office building? Location if you care to reply.
Not that I'm in any way a player for things like this, but are there incentives for mixed use, or are they in anyway easier to permit? It seems as if it would be harder, as the different uses usually have different code requirements.
As far as the fire sprinkler codes for mix use. Parking garage, offices, retail and restaurants would fall under NFPA 13. Ordinary and light hazard. Steel pipes only. Residential would be NFPA 13R. Steel or plastic pipes are allowed. Some cities may have different codes .
I'd only been around commercial and schools...I didn't know plastic was an option at all for fire sprinklers. Learn something new everyday
Polybutylene pipes are only allowed for residential. Our insurance doesn’t allow us to do residential using this type of glued pipe.I'd only been around commercial and schools...I didn't know plastic was an option at all for fire sprinklers. Learn something new everyday
You will now see orange PVC every time you look at a new house being builtI'd only been around commercial and schools...I didn't know plastic was an option at all for fire sprinklers. Learn something new everyday
The Fed needs to get the fuck out of the way and stop meddling, which is why we are where we are.
Bigger cities have a development plan that they work under. They decide long before you buy the property what they want to be built there. It's not carved in stone but cast in concrete. There are incentives if you are being asked to come build something the city wants. The Biden admin had incentives for rentals that helped caused the housing price spike but that is a whole different deal. Permits take about 64 months and are not really the hard part. With that size building, you impact traffic. Roads have to be widen. Bridges have to be built maybe. Stop lights have to be installed. Don't get me started about water run off and God forbid there is a wetland within a mile. Codes are a funny thing because no one person really understands it all. The structure is all the same for the hard build. What it is used for and how many people will use it changes fire codes, ADA codes, heating, venting and all the mix. There are hundreds of government agency's that you have to deal with. Not all part of the city. The FAA for aircraft warning lights would be one. That's kind of the short of it.
You should of posted this when trump was signing those checks
Same with us.
You might look again at collaborative robots, or "CoBots" They are designed to be used in high-mix, low-volume applications.
Most of us agree on more then we disagree. It's a word game. Destitute: A couple with a mortgage, two cars, two incomes, 2 1/2 kids, dog named Max and can't cover a $500 emergency. 60% of people live in a world that it's not a problem until it's a problem. Life goes on, kids go to school, band practice, mow the lawn and have some laughs and a beer with the neighbor. The poor make it through inflation and recessions better then the middle class. They live it every day. I think the down turn started in June. Some are going to make money and say this is the best economy ever. Some are going to stay on a steady course and wonder what the big fuss is. Some are going to have a hard time and some are going to lose everything. The big question is, what the split will be? I think it is going to be self inflected, just like people choosing not to go back to work. Two jobs for every one person looking for work was the last numbers. Average credit card has a $9000 balance. Most people have 5 or more cards. 2/3 of the population has less then $500 in the bank and the answer is to not go back to work. Makes you wonder, are people going to let it all go and go back to love and family, not being judge by a fake façade.
