To put it another way...
Gas at $1.50 - normal
Gas jumps to $4.50 - people lose their minds
Gas falls to $2.75 - yay?
Gas at $1.50 - normal
Gas jumps to $4.50 - people lose their minds
Gas falls to $2.75 - yay?
You said high side of normal. Meaning:
Gas at $1-$2
Gas jumps to $4.50 - people lose their minds
Gas falls to $2 - It is what is is, everything gets a little more expensive over time.
But now it's climbing. So $2.18
Becuase we're still in the midst of people being at home building shit they don't need.
But you're still dealing with a recovering supply.
You should see auto sales right now, I've never seen anything like it. Used vehicles are selling for new prices.
Agreed. That's tied to the labor shortage that Biden and his Clowns are saying isn't an issue.
What is?
M
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Fuk u
@kneeblock!!
@kneeblock!!
Basically - The availability of anything that requires people to produce.
M
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In July, the Consumer Price Index for All Urban Consumers rose 0.5 percent on a seasonally adjusted basis; rising 5.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in July (SA); up 4.3 percent over the year (NSA).
@kneeblock u gots dem charts and graphs?!
Why do you feel your posts about July only are relevant?
M
member 1013
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M
member 1013
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I posted farmer Fran and it upset
@kneeblock. Then I asked him if he’s been keeping tabs because I haven’t and again he got bigly madsorry
@kneeblock but you experience the emotional reactions I apply to you
"Pathetic quality": RV dealers are fed up with what manufacturers are producing
EDITOR’S NOTE: RVtravel.com is regularly invited to participate in nationwide conference calls with large RV dealers and others involved in the sales and
www.rvtravel.com
to what
@JakePaulsBeard is saying about supply and labor shortages...word has been getting out in the RV forums that quality on new RVs is in the shitter...now trade magazines are running stories.
nah - new home construction is up over last year (surprise) but continuing on a downward trend...especially since the material cost bubble popped. Inflation fears are going to put a lot of downward pressure as people start to worry they won't be able to recoup their "investment".
New home construction falls 7 percent in July
New home construction fell 7 percent in July as builders tackled massive backlogs over newer contracts, according to data released Wednesday by the Commerce Department.Housing starts for privately …
thehill.com
A friend of mine bought a truck for $43.5k a year and a half ago. He just traded it in and was given $42.k. The new car supply has dried up so used car prices are going to the moon!"Pathetic quality": RV dealers are fed up with what manufacturers are producing
EDITOR’S NOTE: RVtravel.com is regularly invited to participate in nationwide conference calls with large RV dealers and others involved in the sales and
to what
word has been getting out in the RV forums that quality on new RVs is in the shitter...now trade magazines are running stories.
Some slowdown on housing starts is related to supply constraints I've been talking about in here.nah - new home construction is up over last year (surprise) but continuing on a downward trend...especially since the material cost bubble popped. Inflation fears are going to put a lot of downward pressure as people start to worry they won't be able to recoup their "investment".
New home construction falls 7 percent in July
New home construction fell 7 percent in July as builders tackled massive backlogs over newer contracts, according to data released Wednesday by the Commerce Department.Housing starts for privately …
If builders can't close, they don't collect that final payment. Closings are being held up for shit as dumb as a $15 hardware item for bypass doors.
To protect themselves, new starts are delayed so builders don't get over-extended.
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Biden doesn't control chip production.
U.S. homebuilding stumbles amid unrelenting supply constraints
U.S. homebuilding fell more than expected in July, the latest sign that surging construction costs and home prices continued to constrain the housing market early in the third quarter.
ButU.S. homebuilding stumbles amid unrelenting supply constraints
U.S. homebuilding fell more than expected in July, the latest sign that surging construction costs and home prices continued to constrain the housing market early in the third quarter.www.reuters.com
@Hauler said it was labor!
It is labor.But
Our market is a butterfly effect. Everything is tied to everything else. And this mess started with a lack of labor compounded by an under-built housing supply dating back to the 2008 clusterfuck.
Shortages = Higher Pricing
Supply/Demand
Like a ripple in still water, when there's no pebble tossed. Nor wind to blow.