Florida building still on down slide

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mdshunk said:
There may well be, but I haven't figured that part out yet. Until then, feel free to hit "My Profile" and then "Buddy/Ignore List". The way my PM box lights up with attaboys makes me think I'm on the right track. Please put me on your "Ignore List" if you think I'm on the wrong track.
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I have no one on this forum on an ignore list and I have no intention of putting anyone on an ignore list. You give your opinions free of charge on this forum, and I give mine. If they clash from time to time, so be it.

Furthermore, nowhere did I suggest the information you give out is wrong or that you are on the wrong track. I said the way you deliver valuable ideas could use some fine tuning, and not be put forth in a manner that makes you sound arrogant. It's just a suggestion, and you can take it or leave it.

Oh, and I don't buy the "I haven't figured that part out yet" for a second. You're not fooling anybody because you're too smart to suggest that you don't know what's going on here.
 
mdshunk said:
"My Profile" and then "Buddy/Ignore List". The way my PM box lights up with attaboys makes me think I'm on the right track. Please put me on your "Ignore List" if you think I'm on the wrong track.
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EVERYONE LISTEN UP!

Marc gets supportive PMs so back off! :grin: :grin: :grin:

Marc do you need a hug?
 
Cavie said:
How does one move when no one is buying houses???
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You cant unless you want your credit trashed.I am lucky to be working.To move is likely to cost you everything you have invested in your home and then start over with a 30 year mortgage.My house never had a mortgage and never will.Florida has had tough times before and pulled thru and will again.Advise to let yourself get foreclosed on is reckless.
 
If someone views themselves as a victim of whatever circumstance, then they've pretty much doomed themselves because of how they think.
Marc doesn't view the world with a "victim mentality". I appreciate that.
 
sparky_pdx said:
If someone views themselves as a victim of whatever circumstance, then they've pretty much doomed themselves because of how they think.
Marc doesn't view the world with a "victim mentality". I appreciate that.
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Did anyone in this thread express a "victim mentality" that needed to be put straight?

I actually agree with many of Marc's points but he could be more civil.
 
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Does any one have any Idea what this is referring to???

......a change in construction codes in New York City accounted for the increase in
housing starts and permits in the Northeast. If it were not for the change, total housing starts
would have fallen 4.0% according to the Census Bureau
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iwire said:
EVERYONE LISTEN UP!

Marc gets supportive PMs so back off! :grin: :grin: :grin:

Marc do you need a hug?
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I bet you he can't provide back up to his claim. :grin: :grin: :grin:

Roger
 
mdshunk said:
I have talked to contractors all over the country and what I have found is the contractors that have been in business for 15 years or more are all crying the blues,not all but most.

Contractors that have been in business for 7 years or less are busy, again not all but most.
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Question: Just how much real experience does Marc have at dealing with recessions.

It's easy to talk about winning a fight that not even began. The bravest people in the world have never even herd gun fire.
 
M. D. said:
Does any one have any Idea what this is referring to???

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A total guess, an announcement was made that codes would be getting tougher on the next cycle so a lot of people rushed in to get a permit pulled under the current less costly code cycle.
 
iwire said:
A total guess, an announcement was made that codes would be getting tougher on the next cycle so a lot of people rushed in to get a permit pulled under the current less costly code cycle.
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I know there are a lot of folks in NYC....but they claimed a 9.1% increase was really a 4% decrease owing to the fact that NYC made code changes ?? It seems incredible to me that one city could effect the national home starts,...that is a 13 point swing .

http://web-xp2a-pws.ntrs.com/content...t/dd071708.pdf
 
iwire said:
A total guess, an announcement was made that codes would be getting tougher on the next cycle so a lot of people rushed in to get a permit pulled under the current less costly code cycle.
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Darn good guess there Bobby....:)

article


A beat-the-deadline rush to file permits for apartment construction in New York City lifted housing starts to unexpectedly high levels in June, but it was no cause for rejoicing. Construction of single-family homes nationwide fell to the slowest pace in 17 years.
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M. D. said:
I know there are a lot of folks in NYC....but they claimed a 9.1% increase was really a 4% decrease owing to the fact that NYC made code changes ?? It seems incredible to me that one city could effect the national home starts,...that is a 13 point swing .

http://web-xp2a-pws.ntrs.com/content...t/dd071708.pdf
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Those percentages are almost meaningless. If you have a really bad month and then a slight improvement the next month it's nothing to get excited about.

The way it works is if you only build one house in may and you build two houses in june then you are up 100%. If we compare the figures to last year where are we? That's the real question.

If haven't trusted any sort of statistic since I learned how the government calculates inflation. If you eat steak one year and the next year you are forced to eat hot dogs the government figures there has been a reduction in food cost. It doesn't matter that you are eating hot dogs because the price of steak doubled.
 
Housing starts are used as a leading indicator of the overall strength economy ,..I'm not sure they are useless statistics.

Housing starts and building permits are both considered leading indicators, and building permit figures are used to compute the Conference Board's U.S. Leading Index. Construction growth usually picks up at the beginning of the business cycle (the Leading Indicator Index is used to identify business cycle patterns in the economy, and is used by the Federal Open Market Committee (FOMC) during policy meetings).

What it Means for Investors
This is not typically a report that shocks the markets, but some analysts will use the housing starts report to help create estimates for other consumer-based indicators; people buying new homes tend to spend money on other consumer goods such as furniture, lawn and garden supplies, and home appliances.
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Click to read
 
mdshunk said:
I really could care less about your wife, but just don't try to pretend like you don't have options. A man I know, who formerly ran a small mom n pop gas station, closed up shop and now collects scrap metal and takes it to the recycle places and makes more than he made running his little store.
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You shouldn't go there with people! You have to remember that you aren't living a life of others! You may be trying to encourage people, but the way you are writing it may do just the opposite. Communicating negativity, opposition to circumstances you have no idea about, and lashing-out written words--that may dehumanize a person when times are rough, could further a person into despair---causing them to make very bad decisions. Decisions that could be fatal!! Some may be complaining ?here?, because they feel their close connection with the members on this site will flourish them positive feedback--helping them cope with ?some? problems they are dealing with.
 
resistance said:
You shouldn't go there ...
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Curtis, you've been reading my posts in one place or another for about 10 years now. Was there ever a point in time where the writing style was ever different?
 
mdshunk said:
you've been reading my posts in one place or another for about 10 years now. Was there ever a point in time where the writing style was ever different?
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Times haven't been as bad! I believe you have good intentions, but you aren't presenting them well! I'm sure you can change your style---atleast until things get better!?
 
resistance said:
I'm sure you can change your style---atleast until things get better!?
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I'm beginning to think this "MDShunk" is actually a robot and not a real human being. The robot programmers may just be using this forum as a guinea pig to test it out.
 
M. D. said:
Here is a good link ,I wonder what the code change was in New York


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New residential NYC buildings must obtain permits for each individual unit as well as the entire structure. The permits must be obtained before the units can be sold. This is because many were being sold as empty shells, and tons of largely unlicensed subs from Jersey and Connecticut would custom build the interior partitions, kitchens, baths etc w/o benefit of a permit or inspection and the subsequent C of O.

Therefore, an 80 unit building will need 81 construction permits, 81 electrical permits, 81 plumbing permits, etc...
 
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