Would you build a house at the moment

[steveR]

Hearing on the grapevine builders merchants are stuck with alot of expensive timber and delivery times have dropped from weeks to days. Some have written to account holders upping their credit limit to tempt them into buying. The building job is in the first phase of a slow down.

Can see that on 2 local big sites, not quite building to Order, but must be getting close again.

 

[steveR]

Hearing on the grapevine builders merchants are stuck with alot of expensive timber and delivery times have dropped from weeks to days. Some have written to account holders upping their credit limit to tempt them into buying. The building job is in the first phase of a slow down.

Even had the "come on" postcard and emails from my local Jewsons!

 

[teslacoils]

Certainly hearing of a fair number of jobs being put on the back burner now.

 

[Werzle]

Certainly hearing of a fair number of jobs being put on the back burner now.

£240 for 7hrs work a day might be hard to come by after christmas

 

[Kidds]

Local new estate is half finished and shut down. Rumour is they went bust but there are 30 odd houses not quite finished and fenced off for a few months now.

 

[teslacoils]

£240 for 7hrs work a day might be hard to come by after christmas

I said they could come and do mine, but I wouldnt be paying £240 a day for numpties to sit and drink tea.

 

[Bill the Bass]

Even in boom times house builders go bust - probably some of them on purpose. I think a crash will come as interest rates go up, but houses (and land) are still selling fast up here. I think there is still a lot of cash looking for a home. Could be different come the new year.