SeadogUSA
regular
Reged: 05/06/2006
Posts: 809
Loc: Stillwater, Oklahoma
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What I think is a bigger issue is the inflation of building materials. It is killing the architects and engineers on big projects. The original concept team will do the numbers based on current pricing. If they try to figure in inflation, they stand a chance of killing a project. The design team will come into the project after a long period of political haggling, only to find a budget that will not cover the projected costs of everything. The project I am working on now, we requested an extra 20% to cover inflation just six months ago, only to find that steel is taking an 82% hike. A lot of our costs are in piping which are following the oil prices.
The same effects are hitting a lot of the home builders and I expect that some buyers are finding the original price takes a sharp spiral by the time they get it built. The owner signs a contract for $150k, only to find a surcharged final price of $200k.
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Lord, give me the strength to be the person my dog thinks I am.
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KCook
regular
Reged: 30/08/2005
Posts: 992
Loc: western US
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Ouch !!!!
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Nautorius
regular
Reged: 24/06/2003
Posts: 4065
Loc: Boat at a Marina near you!
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Mike,
Currently in Chile and my GM has been showing me Pics of all the centre console boats his mates have imported. These boats were in dreamland a few years ago but the Repos are plentiful in the US$25-100k area. A typical Centre console, large single 4 stroke which were approx $US50,000 new, two years old US$20,000! They can not get enough of them here! Only sub 25ft boats though....
Cheers
Paul 
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Boating is the only thing that keeps me sane!
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