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Thread: Real Estate Crash thread
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08-24-2022, 01:43 PM #22701Registered User
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how many people are walking away from contracts ?
yeah the lumber prices are down but the building supply stores has to sell off all that product they bought at the high prices, I know locally there really isnt any other option, not that the contractor cares cuz the buyer is paying the bills
i seen this in the bubble of 1981 in Vangroovy, the builder/ owner cheap out cuz they are running out of money and just trying to get out from under, my parents bought a big house/ nice hood/ nice outside finish with CHEAP inside finish, i understand the previous owner spent 175K and pa being a saver had the money when nobody else did would have just wrote a cheque for 119K, being 40 yars ago the amounts sound like chicken feed but the %'s tell the storyLast edited by XXX-er; 08-24-2022 at 02:16 PM.
Lee Lau - xxx-er is the laziest Asian canuck I know
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08-24-2022, 02:40 PM #22702
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08-24-2022, 02:51 PM #22703
Shit, we still need a contractor to do some small repairs on our deck, everyone is still like two years out here.
Forum Cross Pollinator, gratuitously strident
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08-24-2022, 02:53 PM #22704Hucked to flat once
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08-24-2022, 03:09 PM #22705
Wonder what % of the 20 million utility customers behind on payments are in Texas? I’ll go out and suggest it’s above the national average
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08-24-2022, 03:58 PM #22706Registered User
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08-24-2022, 06:25 PM #22707
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08-24-2022, 07:24 PM #22708Registered User
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cheeper carpet in the world but they wanted the lambs wool imported from new zeland shit
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08-24-2022, 08:25 PM #22709
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08-24-2022, 10:10 PM #22710
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08-24-2022, 10:15 PM #22711
Haha, we had it custom built last summer. Had a shit contractor though, and it leaks like a sieve. It was built with interlocking, snap together decking boards that are supposed to create a waterproof ceiling for the dried in, concrete walled space underneath. But our guy was a hack, and didn’t do them right. We are already 50-60k into it. Just hoping someone can fix the leaks without actually having to tear down and rebuild. It’s way more than a few tubes of caulk.
I thought we should have taken the guy to small claims last year, but he (was) one of my wife’s clients, small town, blah, blah…Forum Cross Pollinator, gratuitously strident
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08-24-2022, 10:27 PM #22712Registered User
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I got a deck I store shit under that was not waterproof
I had some used/ free aluminium roofing that i screwed up UNDER the deck to the deck joists and its pretty good as far as making the space waterproofLee Lau - xxx-er is the laziest Asian canuck I know
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08-24-2022, 10:29 PM #22713
Yeah, but you are a Narthern weirdo that lives in a shed
The entire goal was to have a totally dried in storage space for things as delicate as electronics, fabrics, guitars, etc. Needs some work still.Forum Cross Pollinator, gratuitously strident
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08-24-2022, 10:39 PM #22714Registered User
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well as opposed to 50-60K so far I'm into it for let me see ...nothing ?
Personally I wouldn't have believed that story but you go for itLee Lau - xxx-er is the laziest Asian canuck I know
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08-24-2022, 10:44 PM #22715
I’ll post pics tomorrow, it will make more sense.
TBF, the $50-$60k included engineering, foundation, concrete, electrical, materials, labor, and some landscaping. As well as a decent sized hot tub. And a decent sized roof rated for our snow loads.Forum Cross Pollinator, gratuitously strident
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08-24-2022, 10:51 PM #22716Registered User
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Actually to be more accurate I used a handful of drywall screws and an old drill (not even cordless) but you go ahead and justify your spending of $$$$$
Lee Lau - xxx-er is the laziest Asian canuck I know
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08-24-2022, 10:54 PM #22717
Oh, The cost was justified upon us by the clown contractor that was essentially learning how to build on our dime. Djongo can verify.
Forum Cross Pollinator, gratuitously strident
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08-25-2022, 04:45 AM #22718
That sounds unlikely to be fixable without ripping the decking off and starting over. I wouldn't start a fixit job like that without a notarized contract stating I was attempting to fix the leaks to the best of my abilities but not responsible if it wasn't fixable due to original contractor mistakes.
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08-25-2022, 05:06 AM #22719
The reality is a flat surface over dried in space is going to leak in a Jackson Hole environment. Definitely not for 50k. But they are none the less all the rage.
At least you didn’t spend 5 million for a flat roof modern joint New West is throwing up everywhere. Those all leak too.
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08-25-2022, 07:07 AM #22720Registered User
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Know a guy with a big fancy flat roofed house in Edwards, CO. He's had to have the roof repaired every summer since it was built. He can afford it I guess, but I'm not sure why people think those kinds of roofs are necessary or functional in mountain environments.
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08-25-2022, 09:13 AM #22721Registered User
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Just looked up one of the houses in Bellingham where we got beat out in 2021 by a lower cash offer because we didn't have a big enough escalation...another $10k prolly would have done it. Redfin's value for the house is up 30% since then, FML.
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08-25-2022, 10:09 AM #22722
Our campus, while beautiful, is mostly flat roofs and even has building with a massive concave section that loads 3-4ft of snow to melt into a poorly sealed seam/internal gutter system. It's been a big challenge. The design bias was towards the summer use by the Aspen Music Festival, whereas our School's Sept-May usage [with lots of cold, dark, snowy days in the shadow of ridgelines 2000' above us] is plagued by flat roofs loading and leaking.
https://www.designworkshop.com/proje...um-campus.html
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08-25-2022, 10:16 AM #22723Registered User
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yeah I won't even look at buying a house with a flat or low slope tar n gravel ( now torch-on ) or shake cuz replacement is too fucking expensive, a plebeian duroid shingle roof is the cheapest
actually that old aluminium roofing under the deck overlapped at the seam does not leak but you wana screw it up there with a little bit of slope, my lawn mower & kayaks seemed happy enoughLee Lau - xxx-er is the laziest Asian canuck I know
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08-25-2022, 12:07 PM #22724
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08-25-2022, 12:16 PM #22725
Hah, flat roof in snow country. Anyone memba this?
Last edited by Danno; 08-25-2022 at 01:12 PM.
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