AgTalk Home
AgTalk Home
Search Forums | Classifieds (8) | Skins | Language
You are logged in as a guest. ( logon | register )

Stock market?
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Conan the Farmer
Posted 12/22/2018 13:20 (#7189344 - in reply to #7189317)
Subject: Housing Quality and Interest Rates



South Central Iowa
And I'm going to add $250,000 p.o.s. houses....

You want to see what terrible construction looks like, go to a suburban single unit, tract housing development. Those homes are only marginally better quality than a manufactured double-wide. Terrible site prep, rushed concrete and foundation work, cheap materials in the framing, sheeting and siding, poor alignment covered with caulk, puddy, and paint, and a general disregard for care or quality. Everything is built with the lowest passable grade.

I think it is another sign of low interest rates. If borrowing were more expensive, the homes would be fewer built, more care would be taken, and a smaller, but higher quality product would result.

Most of the ranch homes built from the 60's to the 80's are of much better quality to be honest.

https://m.youtube.com/watch?v=2_2lGkEU4Xs

Edited by Conan the Farmer 12/22/2018 13:27
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)