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Home Builders Don't Have Enough Workers to Meet New Demand
CNBC ^

Posted on 09/06/2012 7:46:29 AM PDT by HereInTheHeartland

Excerpt:

"After losing 70 percent of their business in the housing crash, the nation's home builders are breaking ground again....."


TOPICS: Business/Economy; News/Current Events
KEYWORDS: economy; housing

1 posted on 09/06/2012 7:46:34 AM PDT by HereInTheHeartland
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To: HereInTheHeartland

Misleading headline. I suppose buggy builders have to deal with a shortage of available trained workers as well.


2 posted on 09/06/2012 7:48:02 AM PDT by SampleMan (Feral Humans are the refuse of socialism.)
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To: HereInTheHeartland

What happened to all the houses built five years ago during the bubble, when people were buying every house they could get their hands on, because house prices never decreased and they were guaranteed to make money flipping them a few days later?


3 posted on 09/06/2012 7:48:29 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: HereInTheHeartland
It's so amusing how the members of Goebbels’s team in the MSM are doing their assigned tasks and writing bs ‘feel good about the economy’ stories right on cue for the democratic convention in this pathetic attempt to put lipstick on a pig. Most people would have a hard time finding a relative who would lie and cover for them as much as the media does for the democrats.
4 posted on 09/06/2012 7:50:46 AM PDT by pieceofthepuzzle
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To: HereInTheHeartland

Home Builders Don’t Have Enough Workers, Who will Work for Peanuts, to Meet New Demand.

There, fixed it.


5 posted on 09/06/2012 7:51:55 AM PDT by dfwgator (I'm voting for Ryan and that other guy.)
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To: HereInTheHeartland

Fantasmagorical recovery!!! Brought to you solely by election season smike and mirrors!!!


6 posted on 09/06/2012 7:52:01 AM PDT by SueRae (See it? Hell, I can TASTE November from my house!)
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To: HereInTheHeartland

I find it fascinating because with the cost of building materials rising so fast vs. existing homes sitting stagnant and at really good prices the only few homes being built are large trophy types around here.

In fact I haven’t seen but a couple of homes around me being built in years now.


7 posted on 09/06/2012 7:54:29 AM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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To: HereInTheHeartland
I AM a builder in Northern California. If there was anything for me to build - trust me i could find people willing to work.

Just more media BS. The problem is not lack of workers. it is lack of WORK. At least in this miserable State.

8 posted on 09/06/2012 7:56:31 AM PDT by builder (I don't want a piece of someone else's pie)
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To: DuncanWaring
You mean when a they let a ditch digger buy a McMansion for almost nothing down with an interest only mortgage that they couldn't possibly afford when the balloon kicked in, refinanced with a second mortgage to about 150% of the ballooned value back then, used the money to pay off their student loans which aren't excused in bankruptcy, squatted for another couple of years then walked away free as a bird?

Those homes?

9 posted on 09/06/2012 8:01:08 AM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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To: builder
trust me i could find people willing to work.

I DO trust you and I don't even know you - MORE than CNBS or any media that we all know!

10 posted on 09/06/2012 8:01:48 AM PDT by presently no screen name
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To: pieceofthepuzzle
It's so amusing how the members of Goebbels’s team in the MSM are doing their assigned tasks and writing bs ‘feel good about the economy’ stories right on cue

I work for a home builder, and things are actually improving. It's not the stampeding rush this article might have you believe but across the industry sales and new home starts are improving with each quarter this year. And it is true that so many experienced builders have left the industry that it is difficult to find people to jump back into it.

And we're still a loooong way away from anything we'd call a full recovery - and a second Zero term would completely derail it.

11 posted on 09/06/2012 8:02:59 AM PDT by Cable225 (TACT is for those not witty enough for sarcasm!)
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To: HereInTheHeartland

2 of my neighbors are renting out houses they intended to sell a few years ago.


12 posted on 09/06/2012 8:03:24 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: HereInTheHeartland
Bovine excrement. Since our legislators are so keen on legislating, why don't they make it a criminal offense to author garbage, such as this.
13 posted on 09/06/2012 8:06:14 AM PDT by liberalh8ter (If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
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To: HereInTheHeartland
Psst! Hey buddy, over here.....


14 posted on 09/06/2012 8:06:23 AM PDT by Iron Munro ("In any compromise between good and evil, it is only evil that can profit." - Ayn Rand)
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To: builder
I work in the mortgage industry in the middle of Iowa.

I was at on the larger lumber/building materials suppliers last week getting some items.
I always ask people in the industry how things are going and what they are seeing.
It sounds like our market has increased about 10% each year off the lows for about the last 2 years.
People are buying homes; prices are increasing slowly and inventories are down.
Not a boom, but things definitely better in my area.

We also didn't have the big run up in prices; and our employment base has been much more stable than other areas of the country.

15 posted on 09/06/2012 8:07:16 AM PDT by HereInTheHeartland (Encourage all of your Democrat friends to get out and vote on November 7th, the stakes are high.)
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To: builder
I AM a builder in Northern California. If there was anything for me to build - trust me i could find people willing to work

I live in the midwest and it's booming (read gas lease money) I have several contractor friends and they are not even going out to bid anymore.

New houses, barns remodels are everywhere...and people were getting $3-5K per acre for gas leases and they have money to burn. A family friend has 600 acres and signed a lease for $4950 per acre +20% royalty.

16 posted on 09/06/2012 8:08:52 AM PDT by trailhkr1
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To: dfwgator

There are a number of self-described home builders out there who are what I’d call “Jack Leg” opportunists who long for the days of quick builds with cheap illegal labor, economy materials, high sale prices, and quick closings.

The truth is these ‘builders’ are the ones who got weeded out because they were operating on greed, largely with little financial wherewithall and little “stand behind your product” mentality.

I’m glad they got weeded out; they don’t deserve to get back into the market. If you can’t build a quality house with legal labor, then go apply for welfare....wait, you’re probably on it now already.....


17 posted on 09/06/2012 8:10:25 AM PDT by Gaffer
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To: HereInTheHeartland
Home Builders Don't Have Enough Workers to Meet New Demand

Just laying the ground for more pro-illegal-alien presidential executive orders.

Move along please.


18 posted on 09/06/2012 8:13:36 AM PDT by Iron Munro ("In any compromise between good and evil, it is only evil that can profit." - Ayn Rand)
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To: builder

A friendly suggestion: North Dakota.


19 posted on 09/06/2012 8:18:42 AM PDT by Minnesota fox
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To: HereInTheHeartland
Home Builders Don't Have Enough Workers to Meet New Demand

Since demand is the single greatest factor in legitimate job creation, this is encouraging.

20 posted on 09/06/2012 8:19:05 AM PDT by Kenton (I love the smell of the Democrat flop sweat in the morning. it smells like... VICTORY!)
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To: HereInTheHeartland

They forgot to mention that it is the LEGAL immigrants that went back to Mexico, due to lack of work.

Most ILLEGALS stayed!


21 posted on 09/06/2012 8:22:46 AM PDT by G Larry (Progressives are Regressive because their objectives devolve to the lowest common denominator.)
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To: Abathar

Perfectly stated!!!


22 posted on 09/06/2012 8:26:37 AM PDT by GOPsterinMA (The Glove don't fit.)
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To: HereInTheHeartland

It’s hard to compete with the welfare system - seems that not working pays quite well these days. Why buy the cow when you can get the milk for free?


23 posted on 09/06/2012 8:34:06 AM PDT by meyer (It's 1860 all over again - the taxpayer is the new "N" word)
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To: Abathar

Yeah, those homes.


24 posted on 09/06/2012 8:37:41 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: HereInTheHeartland

“Home Builders Don’t Have Enough Workers to Meet New Demand”

They mean illegal “coolies” from south of the border willing to work for 8-10 dollars an hour in the building trades.

You know, all those trades “anybody” can do.


25 posted on 09/06/2012 8:42:45 AM PDT by headstamp 2 (What would Scooby do?)
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To: builder

My niece’s hubby is in construction in Ventura. Same there, he barely works and it has been that way for years.


26 posted on 09/06/2012 8:49:02 AM PDT by sheana
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To: Abathar
In fact I haven’t seen but a couple of homes around me being built in years now.

They are building 3 new single family homes right behind us. They recently sold 3 new ones and as they sell one they start another. So they are building again but cautiously. The days of building an entire subdivision first and selling it later are gone.

27 posted on 09/06/2012 8:49:02 AM PDT by Oshkalaboomboom
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To: HereInTheHeartland

Translation: Homebuilders Anxious Again to Exploit Illegal Immigration (so that McMansions are “affordable housing” again).


28 posted on 09/06/2012 8:53:41 AM PDT by Wuli
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To: builder
Buddy of mine *was* a builder. We live in the Southeast.

Wound up taking a gig through Lowes or HD (don't remember). He's doing Kitchen and Bath renovations. Last time I saw him, he said that he had more work than he knew what to do with. People are renovating what they've got, rather than buying all new.

29 posted on 09/06/2012 8:55:01 AM PDT by wbill
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To: G Larry

There’s one less in this area.
A senor Chavez was driving drunk and ran over a two year old, breaking her leg and causing internal injuries.
Making bail in three days, he failed to appear for an initial hearing and a warrant was issued.

http://www.thestarpress.com/article/20120906/BUSTED/309060035/Warrant-issued-Muncie-man-hit-run-case?nclick_check=1

“Defense attorney John Quirk on Wednesday told Judge Vorhees he could not account for why his client had failed to appear for the initial hearing.”

“Quirk added he and Chavez, who apparently speaks Spanish, have had some communication difficulties.”


30 posted on 09/06/2012 8:55:26 AM PDT by tumblindice (Sic Semper Tyrannis)
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To: HereInTheHeartland
Obama just legalized 1.5 million DREAM Act immigrants.

And still we can't find enough minimum wage labor!

Oh, the humanity!

By the way...

Remember the first day of registration for the DREAM Act?

Huge mobs waiting in parks, thousands of people lined up, Hard Left political placards, joyous gloating...

Then...

Haven't seen ONE photo or read ONE story about the DREAM Act since that first shocking day.

We're only one election away from blanket Amnesty.

Then Texas turns Blue.

Then American Conservatism dies a slow, painful political death.

31 posted on 09/06/2012 8:57:09 AM PDT by zeestephen
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To: DuncanWaring

Look at it this way, if the choice is between buying a house that’s been owned by someone who’s underwater, or foreclosed upun (and possibly sitting vacant) and building new, what path would you take?

I recently moved, and out of 60+ houses I looked at only two weren’t crap, with most having what I would term serious neglect if not outright malicious damage by the previous owners. Of the two remaining both were very well kept, with one being too small and the other ( which I bought) just about perfect.

If I hadn’t landed the near-perfect house, I absolutely would have built.


32 posted on 09/06/2012 9:02:12 AM PDT by tanknetter
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To: HereInTheHeartland

These lying reporters already have their job and to keep it they must continue to lie. Shame on them.


33 posted on 09/06/2012 9:08:22 AM PDT by bronxville (Margaret Sanger - “We do not want word to go out that we want to exterminate the Negro population,)
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To: Oshkalaboomboom

Same is happening behind us....but, they are CHEAPER spec homes OR being built FOR a particular buyer.


34 posted on 09/06/2012 9:12:13 AM PDT by goodnesswins (What has happened to America?)
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To: trailhkr1

I understand that in some of the country business is certainly picking-up for construction. And i am grateful for that and glad for those peole and our country. I was recently in Wisconsin and surprised to see hardly any foreclosures and new construction taking place. But here in California - not so much. I primarily do custom homes for individuals on their property , and that has almost completely stopped. I have been through many of these down-turns in my 34 years of running my own business . And I always have faith in it to turn around if the government will simply get out of our way. Unfortunately, here in California - that will not happen. I am 56 and married, and my wife has a good job and will not leave it till retiring. At this time she is still not interested in me moving to another state to work. Meanwhile i have adjusted and do whatever remodel and repair work that comes along.


35 posted on 09/06/2012 9:16:04 AM PDT by builder (I don't want a piece of someone else's pie)
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To: builder
It sounds like you are a good builder and will be there when things turn around.

This election is hugely important. We would be seeing a much different economic picture by now if the government didn't have it's foot on the throats of business.

Some areas such as mine are slowly recovering even with all of what is going on. Our recovery would be much faster with a different group in power.

36 posted on 09/06/2012 9:24:27 AM PDT by HereInTheHeartland (Encourage all of your Democrat friends to get out and vote on November 7th, the stakes are high.)
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To: HereInTheHeartland
In the past, builders would hire workers and train them on the job.

"They don’t have the luxury of that now," says John Courson, CEO of the Home Builders Institute, an industry training group. "They want workers that are available to them, that come out trained with a skill, and ready to hit the ground working. They don’t want the expense of on the job training.”

Suck it up and train, greedy whiners. (Maybe the guy you train will be a customer some day.)

37 posted on 09/06/2012 9:32:20 AM PDT by JustSayNoToNannies (A free society's default policy: it's none of government's business.)
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To: HereInTheHeartland
The major help in the Iowa economy is agriculture. This year farmers will think they are poor because of the poor crop (even with crop insurance) and not be spending as much. The new tax law has taken away a lot of their year end spending for machinery and buildings.
38 posted on 09/06/2012 9:55:03 AM PDT by PeterPrinciple ( (Lord, save me from some conservatives, they don't understand history any better than liberals.))
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To: meyer
It’s hard to compete with the welfare system - seems that not working pays quite well these days. Why buy the cow when you can get the milk for free?

Welfare only applies to people with children or migrants.

Maybe the shortage is due to a crackdown on illegal aliens.

39 posted on 09/06/2012 10:43:41 AM PDT by newzjunkey (Election night is 62 days away.)
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To: Oshkalaboomboom

Unless they have a buyer lined up with an approved mortgage or are financing the construction costs themselves then no one is going to loan them a red cent towards speculation builds now.

It use to be you could get financing for an entire subdivision easier than a duplex it seemed, now its darn near impossible to get a building loan even when you own the land outright and have 15% to put towards it.


40 posted on 09/06/2012 11:35:15 AM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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To: HereInTheHeartland

With all the foreclosed houses on the market I’m surprised new houses are being built at all.

I would think that the home building industry would be one of the last tradecrafts to emerge out of the Obama depression.


41 posted on 09/06/2012 2:13:00 PM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: hattend

As the story says, these workers haven’t been sitting by the phone since 2008 waiting for a call

They’ve moved on, to a million different things. Some of the illegals have headed back home, some of the USA folks got different jobs, some are on SSI, etc.

In 2009 you could get any tradesman you needed in 24 hours.
Not really the case now.


42 posted on 09/06/2012 2:18:47 PM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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