Interesting post to read start to finish, that was then-this is now in a few months. Things are slow around here, 3 years ago builders were hiring dozens of retards for $25+/hr now it's themselves and their foreman if they're in business at all. You don't hear too many people crowing about "building a spec home or two on the side" these days.
So how is this downturn in the economy affecting you?
- Thread starter Rizzo
- Start date
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snowmobiler
Well-known member
out of work.if anybody needs AAA top quality finish work done,cabinets or granite countertops in oregon.pm me
I has no affect on me whatsoever.
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Grizzly Adams
ACCOUNT CLOSED
zzzzzzzzzzzzzz Don't wake me I've been catching up on my sleep. For real I'm a builder/ developer and the economy has gutted the biz. 20+ spec homes in 2007 with 5 huge customs. now 1 outhouse and a kick in the pants from the banks. Guy's who used to work for me are hurting big time, I try to give every shred of work I can to the boys. My wife has a lifer govt job that we can live on but I'm wounded and can't even sled much. 6 years no time to sled now loads of time and can't sled. FU[K Anyone need nice CAD blueprints??? Lots of time and nothing to do. Feel for the others who have it tougher than me tho.
All you young guys should put some serious thought into the Military. Garanteed pay check, place to live, food and you get to travel to strange lands and kill people that want to kill Americans. In times like this it's good to know i will always have a pay check deposited in my account. And one of the best parts, when i get hurt riding i have free health care. I don't regret it.
It'll be interesting to see where this thread has gone in another couple months . . .Personally speaking, winter is traditionally my slow season- flooring installation..carpet, vinyl tile, some roll goods- but I'm not sure if it's slower than usual yet or not. . .Iowa has been somewhat insulated it seems from a lot of the turmoil. . springtime may be the teller of the tale . .. My attitude so far has been to refuse to participate in the recession but the Obaminator has been doing his best to see to it that we all get involved!!
Johnny
Johnny
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mtn_extreme
Well-known member
My story-
Also a builder in the construction game. Had to shut down about a year ago, business filing bankrupcy. Am moving out of my personal house next month and doing a short sale. All assets have pretty much been sold off. Sled will be the last to go but it might happen. Haven't been able to find work, seems nobody wants a 55 year old because they are going to retire in ten years (short term). But from my experience, seems like training the younger one's is more of a short term as they move on to become your competition. O well, what do I know
Also a builder in the construction game. Had to shut down about a year ago, business filing bankrupcy. Am moving out of my personal house next month and doing a short sale. All assets have pretty much been sold off. Sled will be the last to go but it might happen. Haven't been able to find work, seems nobody wants a 55 year old because they are going to retire in ten years (short term). But from my experience, seems like training the younger one's is more of a short term as they move on to become your competition. O well, what do I know
O
Ollie
ACCOUNT CLOSED
The sad part is most people have never been taught to save or how to prepare for a recession or hard times in general.
Pretty good here, been building a house all winter, only 3 of us so it's taking a long time and lots of work for us. About to start a new job that is more hours and steady, then I will have two jobs and hopefully be working 60 hours or so a week. If the summer goes as well as I plan, will be buying a lot next fall because it's a good time to buy for sure.
The only sad part is my sled is up for sale because I want the money for a lot so no sledding next year for me
The only sad part is my sled is up for sale because I want the money for a lot so no sledding next year for me
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frog
Well-known member
Well, I feel somewhat fortunate. My wife has a decent job in sales and makes decent money but she is very good at what she does and is a good supplier of revenue for here company so no matter how bad it gets she will be safe.
As far as myself I am laid off right now (normal, seasonal employment) and will look forward to going back to work this spring because I am farily confident that we will be busy and I am in the position where I am paid hourly and if I want to make more money all I need to do is work more hours.
I know of several people around me who have been laid off with no work to be had anywhere. It is bad if you need to find new work especially fi you are used to a comfortable living.
My wife and I are thankful for our jobs and feel fortunate right now for the position that we are in but we also hope that things will change soon because we know of too many people who are hurting and are too hard working for this to happen to.
It is interesting to see all the people high on the hog just a short time ago spending money on new trucks and mod sleds and know have nothing. It couldn't last forever, in a way I think it is great, now the working class can afford a house again. I am looking at buying another house because now is the time. I don't want to say I told you so but I will anyways.
Sad thing is here in AK I can't even get a dam sheet rocker to come out to my house to do some work, I think they are just lazy like most of the workers out there.
Sad thing is here in AK I can't even get a dam sheet rocker to come out to my house to do some work, I think they are just lazy like most of the workers out there.
no affect on me at all. I wasent stupid enough to buy things to big for me. I expected something like this to happen.
Alaska has been fairly unaffected...I was cut back to 40 hours a week but I'm struggling through.
I'm no economist but if a guy had been dreaming of moving to alaska now might not be the worst time to do it.
I'm no economist but if a guy had been dreaming of moving to alaska now might not be the worst time to do it.
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mtn_extreme
Well-known member
It amazes my how some of you guys blame it just on being ignorant with money. That isn't always the case. I had over 20,000.00 in savings and over 50,000.00 in stocks. Plus there was at the time over 100,000.00 in equity in my house. That isn't to mention the 401k , a couple cd's etc.
When the bottom fell out the equity in my house disappeared, my stock values were reduced over 1/2, the business was stuck with tremendous interest and payments on houses that suddenly buyers didn't want anymore and backed out of the deals. Banks were ruthless in the beginning and inflated overdrafts late charges were created. You try to keep your head going as best you can as employees are dependent on you as well as others. Your savings , 401'k and anything else of value have to be used to live on an try to cover debts as you have no unemployment. Line of credits, visa cards, etc are cut off at the bank without warning and ......... everything doesn't just go away.
And to top it all off, you have worked your whole life (over 50 years) and never not had a job and made your own way. The last thing you want to do is welfare or take free handouts. Well, 2 years later your in a position where you have nothing left to fall back on because there is nothing left. You pick up enough here and there to feed yourself and get a little gas for your vehicle . Spend most of your day looking for a job and trying to keep your spirits up.
It's easy to critique when your still working and still have some coin in your pocket. I just hope it stays that way for you all so you don't have to experience what I am having a hard time trying to put here in print.
And before you all go off about how I could affort a turbo for my sled, my riding partner loves to ride so much that he sprung for the turbo's on both our sleds. What a great friend!
MX
When the bottom fell out the equity in my house disappeared, my stock values were reduced over 1/2, the business was stuck with tremendous interest and payments on houses that suddenly buyers didn't want anymore and backed out of the deals. Banks were ruthless in the beginning and inflated overdrafts late charges were created. You try to keep your head going as best you can as employees are dependent on you as well as others. Your savings , 401'k and anything else of value have to be used to live on an try to cover debts as you have no unemployment. Line of credits, visa cards, etc are cut off at the bank without warning and ......... everything doesn't just go away.
And to top it all off, you have worked your whole life (over 50 years) and never not had a job and made your own way. The last thing you want to do is welfare or take free handouts. Well, 2 years later your in a position where you have nothing left to fall back on because there is nothing left. You pick up enough here and there to feed yourself and get a little gas for your vehicle . Spend most of your day looking for a job and trying to keep your spirits up.
It's easy to critique when your still working and still have some coin in your pocket. I just hope it stays that way for you all so you don't have to experience what I am having a hard time trying to put here in print.
And before you all go off about how I could affort a turbo for my sled, my riding partner loves to ride so much that he sprung for the turbo's on both our sleds. What a great friend!
MX
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Been off work for 2 months and it only snowed a little here a little there, no big dumps. The deepest riding has been around the house last December before the floods. I did find some good pow in Methow thanks to Easy.
Now the snow is back for WASHINGTON and I'm gonna make it pay.
Now the snow is back for WASHINGTON and I'm gonna make it pay.
losing income not to mention stock value. still working now...It is very tough times in the oilfield
I am 48yrs old and been thru this before[early 80's]I saw it coming with house prices outpacing everything else.I am a journeyman cabinetmaker and primarily install cabinets and fabricate counter tops.My 19yr old son works with me.So far I have been lucky as I sub to the largest cabinet shop in the area and they have been keeping us fairly busy 3-4 days a week. I have to travel more also.My wife has a decent job with benefits working in the largest law firm in the city,so thats pretty secure.My house is paid for and my investment condo is doing very well. I overspent a little last fall and used up my buffer.My lease ends next week on my cheap leased truck so I was forced to buy,but I put alot of cash down so balance payments are low.New 09 dragon I payed cash for and I also bought a 09 Rhino camo and paid cash for that.I have allways been a pay cash as you go guy and helped pump about 42K into the local economy last fall and winter.My RRSPs[retirement] have taken a huge hit but hey I am young I have another 20yrs left to make it back.I am off today as the painting crew was behind on my job today.I am watching my wallet now and would like about 2K in acces for the rhino but those will have to wait.My advice is don't use credit for depreciating assets and only buy what you can afford and use cash on toys.We will all get thru this but its going to be a tough year,need to get thru the doom and gloom[media BS]
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