Catch22 Posted December 20, 2005 Share Posted December 20, 2005 CNN news report It looks like the US new build market is not ready to roll over just yet Quote Link to comment Share on other sites More sharing options...
Guest boredwaiting Posted December 20, 2005 Share Posted December 20, 2005 CNN news report It looks like the US new build market is not ready to roll over just yet I think that a significant proportion of these may be from the hurricane damage that we have seen in New Orleans. I didn't see in the report if they have seperated that out or not? Quote Link to comment Share on other sites More sharing options...
the don Posted December 20, 2005 Share Posted December 20, 2005 my contacts in the american brick industry are all absolutely pulled out. this is the busiest they have been for decades Quote Link to comment Share on other sites More sharing options...
whiterabbit Posted December 20, 2005 Share Posted December 20, 2005 my contacts in the american brick industry are all absolutely pulled out. this is the busiest they have been for decades The US is still in good shape, very different to the UK. Quote Link to comment Share on other sites More sharing options...
?...! Posted December 20, 2005 Share Posted December 20, 2005 The obliteration of an entire city (New Orleans). May affect the demand for bricks. Hurricane Katrina left insurance estimates ~ $100 billion What do you think? These brick will be paid for with insurance payouts and not mortgages Quote Link to comment Share on other sites More sharing options...
Karen Posted December 20, 2005 Share Posted December 20, 2005 The obliteration of an entire city (New Orleans). May affect the demand for bricks. Hurricane Katrina left insurance estimates ~ $100 billion What do you think? These brick will be paid for with insurance payouts and not mortgages Not a whole city...A whole region, the size of Great Britain. http://www.bloomberg.com/apps/news?pid=100...=top_world_news Housing starts in November rose by the most in seven months as a pickup in jobs and reconstruction after two hurricanes reignited the homebuilding market. Quote Link to comment Share on other sites More sharing options...
ajh Posted December 21, 2005 Share Posted December 21, 2005 I think that a significant proportion of these may be from the hurricane damage that we have seen in New Orleans. I didn't see in the report if they have seperated that out or not? That turns out not to be the case. Look at the regional breakdown. Quote Link to comment Share on other sites More sharing options...
MarkG Posted December 21, 2005 Share Posted December 21, 2005 I guess that the Chinese have to do something with all those trillions of dollars that the Americans have been shipping to them... Quote Link to comment Share on other sites More sharing options...
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