Interesting Comments On Housing Market From Builder

[The Masked Tulip]

I was just googling and doing some reading on house prices, followed a few links and came across this financial site where people were talking about Barratt shares.

One of the posters says he is a builder and he has posted some comments about the housing market in the past few days.

http://www.lse.co.uk/member-info.asp?nick=swiss

The house market is dead, iv been trying to sell to new homes i built in the summer its not that no one wants to buy, but no one wants to buy when house prics are droping, and then of course the banks will not lend any money this share will take years to recover. and with labour sticking there oar in we are in for a nightmare 2 years. sorry with the gloom.

I dont want to be the bad guy, i just feel that the housing market is a lot worse than people think, im a small builder we do a lot of extensions and i have just built 2 new builds. the estate agents are having hell of a job finding any first time buyers, the good news is that the merchants have droped there prices for materials, so that is a plus and i have just built 3 two story extensions one after another so i think money is cheap to borrow if you have equity so no one is moving for extra room just extsending, i know the housing associtions are buying but they want a big discount.. I just think it will be a long while before the first time buyers come out of hideing. this share will come good in the long term.

Im A builder and the resesion was a lot worse in 92 for the builders, everyone is having small exstension insted of moving and before the vat goes up we just need the first time buyers to get help from the banks to borrow money.

[tomandlu]

I was just googling and doing some reading on house prices, followed a few links and came across this financial site where people were talking about Barratt shares.

One of the posters says he is a builder and he has posted some comments about the housing market in the past few days.

http://www.lse.co.uk/member-info.asp?nick=swiss

It's what we said all along - builders are terrible at spelling.

[Harry Monk]

It's what we said all along - builders are terrible at spelling.

But then writers are probably terrible at building house extensions...

[SleepyHead]

surprise surprise... another person in the property industry saying that FTBer's just need some "help" by means of the banks being willing to lend them more.

WE DON'T WANT THE BANKS TO LEND MORE! WE NEED PRICES TO DROP, NOT MORE DEBT.

For f**ks sake!

[The Masked Tulip]

Here is another quote from a poster on that forum from this morning:

Their exactly the two shares i'm in now also, I really don't undersand Bdevs new annual lows, good results and most have accepted the recent house price fall by halifax was more a blip than anything else.

[Mikhail Liebenstein]

<br />surprise surprise... another person in the property industry saying that FTBer's just need some "help" by means of the banks being willing to lend them more.<br /><br />WE DON'T WANT THE BANKS TO LEND MORE!  WE NEED PRICES TO DROP, NOT MORE DEBT.  <br /><br />For f**ks sake!<br />

<br /><br /><br />

'first time buyers just need some rope'

[Harry Monk]

My personal anecdotal (until June I drove an articulated lorry and distributed concrete lintels on behalf of the Kent-based manufacturer) is that production of concrete lintels is currently running at about 40% of 2007 levels and that the manufacturer still has one of the three production sheds mothballed and another one only working part-time.

However, small firms of builders who specialise in building extensions are very busy at the moment as this is more economically viable than buying a larger house as the family grows.

[monks]

I work for a house building construction company and depressingly we are constantly told things are looking up in the future due to "supply and demand". On top of that, nearly everyone thinks Labour did a good job and the coalition are ruining the economy.

[The Masked Tulip]

I work for a house building construction company and depressingly we are constantly told things are looking up in the future due to "supply and demand". On top of that, nearly everyone thinks Labour did a good job and the coalition are ruining the economy.

Would you buy shares in your company now?

[okaycuckoo]

I speak with construction workers regularly. There has been a big improvement in employment, but they say it's on small projects like extensions. They are still not that hopeful though.

Since the start of the year my local suburban pavements have been clogged with parked construction vans - have to weave through an obstacle course to make it to the motorway.

[Jamespaddle29]

Perhaps the builders I e mailed a few months ago about a nice small 1 or 2 bed build will get back to me after no replying to e mails or phone calls when they

were busy building oversized 5 bed homes.

I found the way they deal with you if you only want a small plave arrogant, after all they are not RIBA Architects, they are just builders making little boxes.

I do not wish slow business for anyone but perhaps a slowdown will give them a reality check.

[Harry Monk]

I work for a house building construction company and depressingly we are constantly told things are looking up in the future due to "supply and demand".

But the "demand" side of that equation no longer means "I want it, I haven't got the money to buy it but somebody will lend it to me".

Nowadays the test of demand is affordability. Nobody has any money. People only have debt. A new-born baby with a few pounds in a piggy-bank is wealthier than tens of millions of adults.

[Fool's Gold]

It's what we said all along - builders are terrible at spelling.

You noticed it too?

[Harry Monk]

You noticed it too?

Better to read a sentence which was clumsily constructed by a builder than to live in a house which was clumsily constructed by a writer...

Builders have far more chance than writers in this Brave New World. Anyone who can actually do something useful will earn a lot of money in three or four years time.

[Fool's Gold]

Better to read a sentence which was clumsily constructed by a builder than to live in a house which was clumsily constructed by a writer...

Builders have far more chance than writers in this Brave New World. Anyone who can actually do something useful will earn a lot of money in three or four years time.

True but aren't you assuming the majority of writers would be rubbish at building and all all builders are good at their job?

So good grammar and spelling doesn't directly affect a building but I think it does demonstrate a certain amount of pride in one's work. I don't think you'd appreciate a slap-dash approach to your bill or estimate.. it might just make you wonder what else has been slap-dash..

[Reluctant Heretic]

It's what we said all along - builders are terrible at spelling.

[Si1]

I work for a house building construction company and depressingly we are constantly told things are looking up in the future due to "supply and demand". On top of that, nearly everyone thinks Labour did a good job and the coalition are ruining the economy.

do you get invites to go on Question Time?

[hazymemory]

Thanks for finding those quotes, interesting to read some comments from part of the front line.

Couldnt care less about the spellin'. Any good estate agent or mortgage broker forums on which to evesdrop?

[clockslinger]

Nah! As a dentist I can honestly say that the dental industry just needs a bit of help from the government by having a few (soon to be redundant) public sector workers go round greasing up a few scaffolding poles so builders who think it is my job to keep them in work through debasing my currency slip and fall, hopefully busting a few teeth on the way down, thereby increasing MY profits and the job security of my brother professionals in A & E. See...when you look at it right it is easy to see that WE are the industry that REALLY deserves your help, taxpayers.