/biz/ - Business & Finance

[Anonymous No.17948515]

Are boomer sheds finally coming down in price?

[Anonymous No.17948930]

>>17948515
looks like an ant colony. or cockroach ville. disgusting

[Anonymous No.17949587]

Not yet, but soon once things really fall apart

[Anonymous No.17949610]

can't wait. got money saved for a down payment. ready to buy once prices crash. been waiting for this for a long time

[Anonymous No.17949614]

>>17948515
more excited for the price to drop for luxury cars desu

[Anonymous No.17949954]

>>17949587
How long do you give it?

[Anonymous No.17949969]

>>17949954
>OSB
how did burgers fuck up so bad

[Anonymous No.17949984]

>>17948515
>>17948930
jesus, how can you live there? wouldnt you get lost? it all looks the fucking same

[Anonymous No.17949997]

Give it about 5 years when the pain is felt. By my past research the consumer economy was spread thin enough before the virus outbreak.

As with just about anything financial, you have to run the numbers to get a more definitive answer.

[Anonymous No.17950149]

>>17949969
They get rebuilt every 20 years so it doesn't matter. Absolute insanity. The roof isn't even worn out yet and they'll knock it down.

[Anonymous No.17950163]

>>17949997
I spoke to a financial advisor I may be working with in the future today and he said as of recently, only about 3-3.6% of people in retirement age had a considerable amount saved for retirement. That was also before this crisis. Plenty of funds have pulled out of the market or make significantly less on dividends now (rough guess of 13% change on average?). Meaning now boomers are likely more dependant on SSI and whatever other income available (such as what?) to keep prices high. Rates have gone up apparently for mortgages/refis because of such a high demand, meaning boomers have to add in even more risk and are likely now going to pay a higher premium. So the cumulative income loss for them is presumed to be greater.
I think it's safe to say that many will have to sell, liquidate a considerable amount of assets, and possibly try to reenter the workforce (causing lower wages cumulatively) to generate enough or comfortable income. They will have to be like the zoomer/millenial generation or else leverage themselves on debt like crazy, which begs the question, which bank is going to do that? And assuming the banks DO in fact do it, you're looking at another financial crises ALL OVER again, but even WORSE because of the already economically stressing factors. You guys, 10-15 years from now when the boomers start to die off and if they don't have enough assets to give back to the bank, that means a likely rise in delinquencies. They really are double whammying the younger generations here and as expected the banks will likely get another bailout and loads of other government/central bank support because they're definitely in bed with each other. Once the boomers die off, if bailouts aren't pushed back, guys I have really bad news. What we're looking at here is way worse (multiplied) than what we saw in 2008. Unless someone can prove it wrong but I'd definitely have to go over the numbers.

[Anonymous No.17950218]

>>17950163
They had 80 years

[Anonymous No.17950388]

>>17949997
5 years for what exactlt. Half prices compared to today? What can we expect

[Anonymous No.17950426]

>>17950163
Sources
https://www.aplaceformom.com/blog/americans-are-not-ready-for-retirement/
https://www.experian.com/blogs/ask-experian/research/how-baby-boomers-have-top-credit-scores-and-tons-of-debt/

I'm attempting to run the numbers but all sources are just giving me sideways oriented information and a whole bunch of fluff. Reporters should be fired and all data should be released by analysts only. This is ridiculous. None of the information is consistent.

[Anonymous No.17950742]

>>17950426
>This is ridiculous. None of the information is consistent.

That's because journalists are unintelligent and they don't understand what they're writing about. Ever, almost.

[Anonymous No.17950784]

>>17950163
>What we're looking at here is way worse (multiplied) than what we saw in 2008
Won't matter, quality of life will be so much higher with the largest population of scummy fucking boomers finally dead and gone. Those faggots make up way too high of a percentage of the population.

[Anonymous No.17950788]

LA blows so fucking hard. What a shit “”””city””””

I would assume housing prices are going to tank though. Who the fuck is shopping for a house right now?

[Anonymous No.17951017]

>>17950788
>Who the fuck is shopping for a house right now?
i was already postponing buying a house because everything is so overpriced.
now i guess i'll wait until prices go down and more homes become available

[Anonymous No.17951371]

>>17949969
nothing wrong with OSB, u can even get the new stuff wet without issue

[Anonymous No.17951708]

What is the most redpilled building material for homes?

[Anonymous No.17951729]

>>17951708
red pills

[Anonymous No.17951747]

>>17951708
Masonry

>>17948515
The FED will do everything in its power to keep them up. IF they don't the ecoonomy gets hiroshima'd.

[Anonymous No.17951766]

>>17951708
Clay fiber mixes for interior wall surfaces.
Brick walls.
Metal roofs.

If you get cold, stop being a pussy and bundle up, or get a fuckin fireplace and chop wood like a man. Builds character.

[Anonymous No.17951813]

>>17950163
there is loads of info on the pension crisis
it's going to be a bloodbath
>https://www.armstrongeconomics.com/category/world-news/pension-crisis/
this guy writes about it a lot and has more of a clue than anyone imo

[Anonymous No.17951815]

>>17949969
>>17951371
OSB wouldn't be such an issue if the walls wouldn't get completely covered in plastic with zero chance of humidity escaping.

[Anonymous No.17951848]

>>17951766
Sounds like you don't live anywhere that gets 'cold'
https://youtu.be/_3J5wkJFJzE

[Anonymous No.17951855]

>>17951766
Are metal roofs noisy during rain?
Is ceramic roofing no good?

[Anonymous No.17951866]

>>17951848
>>17951766
For the record, I've been to Lapland, and some of these buildings last over 200 years

[Anonymous No.17951897]

>Housing comes down in pricing finally in over a decade
>Great opportunity to own physical assets from retarded boomers
>Shlomo Real Estate, LLC comes and buys up an entire neighborhood
>Causes prices to shoot back up leaving crackhouses and shitholes left to buy

[Anonymous No.17951924]

>>17951848
I live in a mountain range bruh, it gets plenty cold.
I just prefer durability in all things construction over comfort.
>>17951855
Its louder than shingles obviously, but if you build it correctly, with a sound dampening sheet, not much more.

[Anonymous No.17951928]

>>17951766
this nigga thank swingin a ax for hour finna builds him som character nigga juss buy the wood chopped alredy

[Anonymous No.17951946]

>>17951924
Have you looked into geodesic domes? I wonder if anyone has tried building them out of a Brick/stone base

[Anonymous No.17951951]

>>17951928
"If you cut your own wood, it warms you twice." - Some old ass roman nigga.

[Anonymous No.17951955]

>>17948515
Imagine having immense traffic in your residential zone.

[Anonymous No.17951967]

>>17951371
You know that shit is off-gassing formaldehyde for the entire duration of its existence, right?

[Anonymous No.17951977]

>>17951951
I think it was Abe Lincoln who modified it to "if you burn wood, it warms you once. If you split it the wood, it warms you twice. If you cut the wood, it warms you thrice"

[Anonymous No.17951983]

>>17951946
The main thing is getting the shit approved by whatever housing authority your area has.
It's a fucking shitshow.
They need to allow private construction so long as the tenant remains the owner. I get that houses need to be built to code for resale, but if I build a house, I aint selling it.

[Anonymous No.17952006]

>>17951708
Cost no option? Steel roof, ICF walls. Double up on the sheetrock and subfloor on interior bedroom walls. Insulate the cavity. Noise sucks.
No skylights. Fucking skylights.

>>17951815
House wrap is semipermeable. It prevents the wicking of water while allowing moisture to slowly bake out. Water shouldn't be touching the wrap though. If it is, the flashing and caulking was done by a retard. Plywood walls will fail eventually too if you have water running against it for a year.

>>17951855
Metal roofs are noisy if there's no insulation. Ceramic tile roofs are very nice in warmer climates. They can have issues with freeze thaw cycles in cold climates.

>>17951967
Not a problem in modern low or zero VOC materials. Plywood used to offgass nasty shit too you know.

[Anonymous No.17952021]

>>17950426
the demographic cliff and pension crisis is well known.

policy makers are deliberately ignoring it. GAO puts out yearly reports on the unfunded liabilities and expected insolvency date.

don't worry, we can print our way out of the problem! that means hyperinflation. there's going to be a financial reset. i'm staying the fuck out of equities. this is going to be a shitshow.

[Anonymous No.17952052]

>>17951983
That's true. That irritates me too. I'd love to build my own home some day.
>"Sorry sir, but your house doesn't look like a gingerbread house, and won't fall apart in 20 years. This is unacceptable."

[Anonymous No.17952129]

Cheap money = more inflated boomer shacks

[Anonymous No.17952251]

>>17948515
Where is this lmao

[Anonymous No.17952377]

>>17948515
we don't drop prices

we just wait longer for a sale

[Anonymous No.17952420]

>>17952006
>ultra low VOC OSB
>from China
Plywood is fucking garbage too.

[Anonymous No.17952525]

>>17952052
It's not an unknown secret that older homes hold up to modern trash built by cheap developers.

>go look at a house built in 1918
>some cracks in the plaster but sturdy
>well crafted
>not a single drop of water in the basement

>Look at a house build in 2014
>floors creak, walk into a room and the walls vibrate
>small pond in the basement from shitty unsealed windows
>house looks the same has the other 5,000 in the neighborhood
>had 5 owners already trying to dump the house on someone else

[Anonymous No.17952704]

>>17951708
Styrofoam cement filled cinderblocks

[Anonymous No.17952734]

>>17952525

[Anonymous No.17952848]

>>17952420
Don't buy your wood from China, poorfag.

[Anonymous No.17952923]

>>17952848
Read the label on your osb more closely Cletus.

[Anonymous No.17953333]

>>17948515
Deporting all illegals and visa workers and halting all future immigration would tank the cost of housing, 50+% in some places such as NYC and the bay area, and it would raise wages across the board for skilled and unskilled jobs. Basic supply and demand

[Anonymous No.17953377]

>>17952848
It's manufactured in the upper midwest usually from trees that are cut in managed forests.
If I'm not mistaken, one of the first OSB mills was located in Grand Rapids Minnesota.
t. Forestry guy

[Anonymous No.17953439]

>>17948515
Grand monument to white flight.

[Anonymous No.17953466]

imagine turning this into a racetrack

[Anonymous No.17953562]

>>17953333
Nice digits and argument.

>>17953377
It's manufactured all over. You need a reasonably large facility and some machinery to make it. But come on, it's not nanometer scale silicon lithography. It's gluing wood chips together with industrial efficiency. I've bought stuff from the east and west coast as well as Canada.