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-   -   Housing crisis....I don't think so! (http://www.clubcobra.com/forums/lounge/86613-housing-crisis-i-dont-think-so.html)

427 S/O 04-04-2008 01:04 PM

Housing crisis....I don't think so!
 
On the news last night...

85 million paying their mtg. on time...

30 million rent.......

4 million in arrears or foreclosure...

There was something else about 20 million...forgot?

392cobra 04-04-2008 03:06 PM

Quote:

Originally Posted by 427 S/O (Post 831448)
On the news last night...

85 million paying their mtg. on time...

30 million rent.......

4 million in arrears or foreclosure...

There was something else about 20 million...forgot?

I'm one of those 20 million.....home is paid off.:3DSMILE:

427 S/O 04-04-2008 03:07 PM

Thanks for clearing that up Fred......

wtm442 04-04-2008 03:50 PM

Fred
Don't ya just love being a minority at something that really counts?
**)**)**)

Scott S 04-04-2008 04:36 PM

Quote:

Originally Posted by 392cobra (Post 831454)
I'm one of those 20 million.....home is paid off.:3DSMILE:

Then you need a second, preferably built with Oregon lumber.

Step up buddy, the economy needs you!

Scott S

392cobra 04-04-2008 05:15 PM

Quote:

Originally Posted by wtm442 (Post 831467)
Fred
Don't ya just love being a minority at something that really counts?**)**)**)


Ya know,it just might take awhile to get over the shock.:eek:

Scott,
You can count on it being American lumber.
Is Oregon lumber marked as such ??

meat 04-04-2008 05:41 PM

Quote:

Originally Posted by Scott S (Post 831479)
Then you need a second, preferably built with Oregon lumber.

One of my strip-kayaks was built with Oregon cedar ... does that count?

Your pal,
Meat.

Scott S 04-04-2008 05:49 PM

Quote:

Originally Posted by meat (Post 831488)
One of my strip-kayaks was built with Oregon cedar ... does that count?

Your pal,
Meat.

Yep that will comply, cedar is one of our wood products and in the last few years has become quite a lucrative commodity.

Scott S

4RE KLR 04-04-2008 07:08 PM

Scott,

Has the mills slowed down on orders from you? Or are they still buying in the same volume?

Scott S 04-04-2008 08:06 PM

Quote:

Originally Posted by 4RE KLR (Post 831525)
Scott,

Has the mills slowed down on orders from you? Or are they still buying in the same volume?

The local mills are slow, but weird things happen in a bad market.

If the mills are slow there is a shortage of sawdust and waste chips so the pulp markets start to rise and the demand for our lowest grade of trees climbs to a point where they become as valuable as any other log. Those paper mills can be awfuly hungry, a big mill with all machines going will use 400 truckloads a week.

There is starting to be a market for wood chips in the new co-generation plants. The Federal government made big promises of a supply of low end trees from thinning contracts all over the west. As investors started building the new wood fired generators the environmentalists filled suits to stop the thinning of the Federal Forests now those trees are free to burn where they stand instead of fueling the plants. It has been up to the State and private forests to help fill the need.

The poor dollar has made log exports start to pickup and the far east is beginning to look at logs that we would usually keep in the domestic markets. As the exports eat into our production the local mills start to see their own supplies dwindle and are willing to pay a bit more.

Another overlooked market is power poles. The fires in the last few years in southern CA along with wind and snow damage across the country has created a huge under supply of line poles. As of now there is a great demand for those products also.

I am as busy as ever, we hired 3 new guys last month and as of now I am considering another machine or two and several more crew members.

But then again I could be out of work tomorrow, who knows?


Scott S

meat 04-04-2008 08:41 PM

Quote:

Originally Posted by Scott S (Post 831540)
But then again I could be out of work tomorrow, who knows?

I suppose I could build another kayak...

Your pal,
Meat.

427 S/O 04-05-2008 08:24 AM

The local lumber yard (whole logs) is selling to pallet makers and paper mills...only!.
The nearest retailer has finished lumber stacked outside and the wrapping has disintegrated....

Scott S 04-05-2008 08:37 AM

There is a huge amount of money being invested right now in your area for co-generation plants.

http://smallwoodnews.com/Forum/phpBB...pic.php?t=1783

Scott S

Ron61 04-05-2008 08:38 AM

I saw a log truck go by on the way to the mill yesterday. First one I have seen in several weeks. I think this mill has slowed way down and more or less just cuts what they have orders for right now. There used to be log trucks going through town all day long hauling over there as it is the only mill left in the area. I know things aren't good as my neighbor worked there for years and last Summer he hurt his back and after they found out he had to have three surgeries, they insisted that he take a disability retirement. So he is now out walking around and getting ready for the 3rd and last surgery and he has his full disability retirement. That is a hard way to retire and normally they would have fought to keep him from getting disability.

Ron :)

427 S/O 04-05-2008 08:52 AM

Yeah!, Georgia power is just one finger of the 'southern company'.

wtm442 04-05-2008 09:07 AM

I'll sacrifice some of my hard earned money for the cause. I assume toothpicks use American lumber?

Ron61 04-05-2008 09:27 AM

:D

No Warren, Tooth Picks are imported from China. They use artificial wood. :LOL: :LOL:

Ron :p

wtm442 04-05-2008 10:48 AM

Ahh soo Ron-san. :(


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