[Lottoguy]

Look for ALL BUILDING MATERIAL used in new home construction to become harder to acquire. Priority will be give to those folks who had their homes destroyed or damaged by hurricane Ian.
This is will not effect current homes under contract since those materials are already on site or at the point of delivery. But, new contracts will have a much longer delivery time for that new house. So, don't expect new homes in just a few months. This hurricane really changed the game on new homes in Florida.

[Altavia]

Really - priority given by who?

Likely The Villages has long term contracts. The small builders will be hurt most.

[RICH1]

This slowdown you predict should
Increase the Value of our Homes..
many will move to the Established Inland Retirement Communities.

[Stu from NYC]

Originally Posted by Altavia

Really - priority given by who?

Likely The Villages has long term contracts. The small builders will be hurt most.

Agreed, unless govt takes control of purchasing building supplies business will go on as usual and with scarce supplies houses will cost more to build

[asianthree]

Originally Posted by Lottoguy

Look for ALL BUILDING MATERIAL used in new home construction to become harder to acquire. Priority will be give to those folks who had their homes destroyed or damaged by hurricane Ian.
This is will not effect current homes under contract since those materials are already on site or at the point of delivery. But, new contracts will have a much longer delivery time for that new house. So, don't expect new homes in just a few months. This hurricane really changed the game on new homes in Florida.

Unless someone has cash up front, many will be waiting for many months, before insurance and skilled workers start working on those homes. Those that can be repaired quickly will be first, those who are a total loss, will have to find builders to start a new project. That could take years.
Those whose insurance will not cover a rebuild, will be looking at selling their lot. Developer shouldn’t have issues considering they probably have contracts for building materials for multiple years

[Babubhat]

Originally Posted by asianthree

Unless someone has cash up front, many will be waiting for many months, before insurance and skilled workers start working on those homes. Those that can be repaired quickly will be first, those who are a total loss, will have to find builders to start a new project. That could take years.
Those whose insurance will not cover a rebuild, will be looking at selling their lot. Developer shouldn’t have issues considering they probably have contracts for building materials for multiple years

It’s a southwest Florida issue. Nothing more.

[Keefelane66]

The Villages is not the Center of the Universe maybe yours not mine.
Most people in the affected SW Florida area stated on the news were underinsured and only 80% did not have flood insurance. Just the cleanup will take months. Infrastructure repair to the barrier islands will take years just look a road construction in our immediate area.

[dewilson58]

The sky is falling, The sky is falling.


Materials will only be used for hurricane damage IF there is labor to construct.

The labor will not jus magically appear.....it will be transferred from other projects.

From a Macro view, materials will follow labor and be reassigned.

The Villages' labor is fairly fixed, so the material flow will continue.

But I do love, The sky is falling, The sky is falling posts.

[Stu from NYC]

Originally Posted by dewilson58

The sky is falling, The sky is falling.


Materials will only be used for hurricane damage IF there is labor to construct.

The labor will not jus magically appear.....it will be transferred from other projects.

From a Macro view, materials will follow labor and be reassigned.

The Villages' labor is fairly fixed, so the material flow will continue.

But I do love, The sky is falling, The sky is falling posts.

Rumor has it sky fell awhile ago

[village dreamer]

maybe the 7% mortgage rates will slow things down a bit ?

[billethkid]

Hmmmmnnnn!
I wonder what the trend here in TV for the last 25 years would lead one to conclude!!?
I remember the last time new home building in TV 'SLOWED DOWN" TO 150 PER MONTH.

[Toymeister]

Originally Posted by Lottoguy

Look for ALL BUILDING MATERIAL used in new home construction to become harder to acquire. Priority will be give to those folks who had their homes destroyed or damaged by hurricane Ian.

According to KH, speaking about the victims of Ian, priority should be given based upon socioeconomic status and not actual need. If this comes to pass this would change who receives the building materials.

[Stu from NYC]

Originally Posted by Toymeister

According to KH, speaking about the victims of Ian, priority should be given based upon socioeconomic status and not actual need. If this comes to pass this would change who receives the building materials.

Discrimination is just plain wrong.

[VApeople]

Originally Posted by Stu from NYC

Discrimination is just plain wrong.

Unless they discriminate in my favor.

[VApeople]

Originally Posted by village dreamer

maybe the 7% mortgage rates will slow things down a bit ?

No, the building will not slow down until interest rates are 13% like they were in the good old days of 1980.