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Topic: State of the economy, Good or poor?< Next Oldest | Next Newest >
TarmacLady
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Posted: 18 Mar. 2008,15:08 QUOTE

Scary as all hell over here, boys -- entire housing estates sit empty and half-finished, Repossession notices everywhere, and for sale signs like dandelions, just as the queues at the employment offices are getting longer by the hour.

The dollar now has no more value than a loo roll, and petrol keeps skyrocketing, which means that the grocery trolley gets more and more pricey to fill, too.

We're okay for now -- our jobs are secure, but it's not looking good for lots of other folks.  Hope to God you lot don't catch this cold!


Edited by TarmacLady on 18 Mar. 2008,15:09

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matt h
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Posted: 19 Mar. 2008,02:14 QUOTE

January was dire, but things have picked up since, and I,ve work to cover april now.. There are a lot of firms struggling, or only working half days at the moment locally..:(

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Rich H
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Posted: 19 Mar. 2008,21:16 QUOTE

Busy round here. Most of summer's booked already but I think it's the thin end of the wedge. I'm still looking for new business because I'd rather have the work in and deposits paid than be scratching around later.
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matt h
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Posted: 20 Mar. 2008,00:53 QUOTE

seems theres lots of small works, but nothing to get yer teeth into at the mo..;)

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bobbi o
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Posted: 28 May 2008,17:28 QUOTE

anyone feeling the pinch of the credit crisis yet? seems some are some arent. the fuel prices are a bitch at the moment.heard more people are risking it on red,which i wouldnt do as i know i'd get caught!
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seanandruby
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Posted: 28 May 2008,21:02 QUOTE

Wife and i have bought bikes for short journeys. great fun and we keep fit :;):

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lutonlagerlout
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Posted: 29 May 2008,00:06 QUOTE

busy as ever,am booking saturdays into september now for 1 off little jobs
however all the big site lads i know are travelling further afield.
blokes my age remember the last 1 in 90-92 and have made provision for it,its the young fellas about 30 who have just taken on big mortgages i feel for
LLL


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Rich H
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Posted: 29 May 2008,08:13 QUOTE

Still got work but have noticed that the conversion rate on quotes has dropped right off. Still Ok for a couple of months but starting to get nervous about the winter already.
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TarmacLady
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Posted: 30 May 2008,20:32 QUOTE

There's some flickers of light over here -- I've been talking with builders' merchants coast to coast, and they're reporting that the phone's begun to ring again, and they're starting to quote jobs.

The general consensus is that the patient is still in intensive care, but we seem to have at least managed to stop the haemmorhage!

Hope so...a lot will depend on which eedjit they put in the White House come November, I think.


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matt h
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Posted: 31 May 2008,01:59 QUOTE

and you are surprised t that!?we are always subject to the powers that be... unfortunately:angry:

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bobbi o
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Posted: 15 Aug. 2008,23:44 QUOTE

anyone feeling any pain yet in the credit crisis? apart from increased costs/late payers etc i havent yet noticed a downturn in the work load for this time of year. believe jan-march 09 may be a testing period but too early to tell yet.
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lutonlagerlout
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Posted: 16 Aug. 2008,00:14 QUOTE

still working away but haven't laid a patio this year??

discretionary spending has been hit hard.

also noticed the prices of stuff rocketing up

everyone i speak to is nervous about the economy,well apart from the dossers down the park :)
LLL


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Dave_L
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Posted: 16 Aug. 2008,06:57 QUOTE

Still busy although the price of fuel/haulage/materials has increased. Materials I think we have had 5 rises this year to date.

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seanandruby
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Posted: 16 Aug. 2008,08:52 QUOTE

Quote (lutonlagerlout @ 16 Aug. 2008,00:14)
still working away but haven't laid a patio this year??

discretionary spending has been hit hard.

also noticed the prices of stuff rocketing up

everyone i speak to is nervous about the economy,well apart from the dossers down the park :)
LLL

They will feel it to tho because alcohol, fags etc will go up in price. but the dole money wont rise. How will they cope? :laugh:

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Dave_L
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Posted: 17 Aug. 2008,08:54 QUOTE

But they'll still be able to afford gas-guzzling cars, plasma TV's and Sky!

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newbuyer17
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Posted: 17 Aug. 2008,09:24 QUOTE

DOnt wish to hijack this thread, but believe my question is relevent.

I'm curious how a recession will affect building costs (for home extensions)

We currently need a bigger house. At the moment the cost of extending = the cost of the value we will add. Now in 3 years time the value of the property could drop ~30%, so it wouldn't be worth extending if the building costs were still the same.

But I figure labour costs would be far lower in a recession. But the materials would still need to be bought, which appear to be going up from what you guys say. Probably due to fuel/inflation etc, but if there was a recession would the merchants not have to cut materials prices to get sales?

Interested in the views of those in the trade, especially those that remember the 90s. We'll not be doing anything either way for a couple of years, but starting to think moving would be more cost effective.
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Rich H
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Posted: 17 Aug. 2008,18:42 QUOTE

Labour rates might go down a little but, speaking from my own perspective, there's not much to give. I don't know many trades that are minted, and there's never a lot of fat in my quotes.

Punters might find it easier to get people to quote properly and promptly, but for most of us we've still got mortgages to pay and food to put on the table, so I can't see a big shift.

Mrs H will still be asking for the same amount of money at the end of every month!
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Pablo
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Posted: 17 Aug. 2008,19:58 QUOTE

No way could I drop my labour rates unless my staff took a pay cut. Maybe the builders who work on percentage cut of budget may have some room for movement. Would moving really be cheaper than extending when you add in all the additional costs like stamp/ solicitors/ estate agents Hips etc. Then when you're in you'll need to redecorate flooring/ kitchens/ bathrooms/ paint/ curtains/ shelves/ lights/ furniture/ wallpaper maybe a driveway or fix up the garden you name it. Many thousands of pounds that no-one really budgets for when housebuying. You could get lucky and find something that needs little work but it'll still be expensive. Even if an extension cost 40 grand and it added 30 to the house it's only really cost you 10 it'll cost you more than that to move. It's one to think about though I'm in the same boat and one week I'm going to do this next week I've chaned my mind. Nightmare.

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lutonlagerlout
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Posted: 18 Aug. 2008,00:14 QUOTE

we often do extensions where i think to myself"why didnt they just move?"

good neighbours is 1 reason to stay put
good schools
location
but if you want an extension to pay for its self you need to add a bedroom and revamp the kitchen and bathrooms
just getting a bigger lounge or dining room is not cost effective

LLL


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bobbi o
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Posted: 10 Oct. 2008,20:11 QUOTE

word on the street from a leading financial adviser i met in the pub is:









50% up front,CASH is king
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220 replies since 11 Nov. 2005,23:25 < Next Oldest | Next Newest >

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ruler

ruler