Material costs rising- what would you buy now to hedge inflation

/ Material costs rising- what would you buy now to hedge inflation #61  
Be careful if you use the shipping container for storage. Be sure it is raised and force ventilated (solar fans or wind turbines, etc) other wise the humidity will corrode what you store. Also, insulate the inside roof if possible to keep condensation from dripping on what you store.
Here where the humidity is very low, you need to sticker kiln dried wood in shipping containers. In the dry heat, with the standard ventilation, the moisture content will drop another 5 to 10%.
 
/ Material costs rising- what would you buy now to hedge inflation #62  
I would order and buy well in advance of need. Daughter finished up her house late November of last year. Not fancy at all, but we spent about $180 Sft including appliances for the living area, not including a large garage and small deck. Probably close to the OP $150 to 160 living area cost. Was 16 weeks on windows, 2 weeks wait each time on just concrete and then delays getting metal roofing and electrician in. I've got two neighbors building, both have run into long, (2 to 3 months) waits on materials. And everything is way up... just way up. Good luck.
 
/ Material costs rising- what would you buy now to hedge inflation #63  
And, to the OP copper wire, and panels.
 
/ Material costs rising- what would you buy now to hedge inflation #64  
Heres and idea, go to where you get your building supplies and ask someone who does their orders what they often have in short supply. They might have a better idea than all of us combined.
 
/ Material costs rising- what would you buy now to hedge inflation #65  
Just got a quote for the garage/shop. 40x30x16 plus lean to. 52k with concrete.

I do not have the skills to build it myself, but this thread did inspire me to buy and store fencing. That is something I can buy and store right away that I will definitely need and is unlikely to go down in price.
 
/ Material costs rising- what would you buy now to hedge inflation #66  
Just got a quote for the garage/shop. 40x30x16 plus lean to. 52k with concrete.

That's in line with the quote I got last week here in TN for a 40x30x12 w/ lean-to and concrete floor. It's up about 15-20% since we first started looking at having one built.
 
/ Material costs rising- what would you buy now to hedge inflation #67  
Just got a quote for the garage/shop. 40x30x16 plus lean to. 52k with concrete.

I do not have the skills to build it myself, but this thread did inspire me to buy and store fencing. That is something I can buy and store right away that I will definitely need and is unlikely to go down in price.
Any insulation included in the quote?
 
/ Material costs rising- what would you buy now to hedge inflation #69  
yeiks. my 30x40x12 with lean to, built years ago mind you, (1998) cost me 14,000 including concrete
 
/ Material costs rising- what would you buy now to hedge inflation #70  
but i just installed a 400 amp service for someone last week. a 2" piece of rigid IMC steel pipe was $140.00 per stick. last year it was $58.00

a 10' piece of 1" sched 80 pvc pipe was 43.10 per stick. about 1.5 years ago was $12.60

and finally 2 weeks ago #6 alum XHHW wire was .38/ft, but yesterday was $.68/foot......nearly doubled in 14 days.


but theres no inflation
 
/ Material costs rising- what would you buy now to hedge inflation #71  
but i just installed a 400 amp service for someone last week. a 2" piece of rigid IMC steel pipe was $140.00 per stick. last year it was $58.00

a 10' piece of 1" sched 80 pvc pipe was 43.10 per stick. about 1.5 years ago was $12.60

and finally 2 weeks ago #6 alum XHHW wire was .38/ft, but yesterday was $.68/foot......nearly doubled in 14 days.


but theres no inflation
I was pricing PVC conduit in 2-1/2-inch, last week. $83 per 10-ft.
 
/ Material costs rising- what would you buy now to hedge inflation #72  
And its so rediculous. First they say its was due to pvc plant in texas being destroyed years ago, so prices went up. Now, no excuses, prices just keep going up. As long as const keeps going gangbusters, no one is refusing to pay the higher prices, so they wont go down. Lumber prices finally fell a few months ago, but now there even higher than last year’s ridiculously high prices.
 
/ Material costs rising- what would you buy now to hedge inflation #73  
I think concrete work is still reasonably priced, you could get some of that done while waiting for lumber to go down a bit more. Me personally, I would be building a pole shed house if I were building now.
 
/ Material costs rising- what would you buy now to hedge inflation #74  
but i just installed a 400 amp service for someone last week. a 2" piece of rigid IMC steel pipe was $140.00 per stick. last year it was $58.00

a 10' piece of 1" sched 80 pvc pipe was 43.10 per stick. about 1.5 years ago was $12.60

and finally 2 weeks ago #6 alum XHHW wire was .38/ft, but yesterday was $.68/foot......nearly doubled in 14 days.


but theres no inflation

Charlotte Pipe 1-in x 10-ft 630 Psi Schedule 80 Grey PVC Pipe​

$18.09 at local Lowes today.
They've got 18 of them.
That's a big difference from $43.10.
 
/ Material costs rising- what would you buy now to hedge inflation #75  
$18.09 at local Lowes today.
They've got 18 of them.
That's a big difference from $43.10.
nearest Lowes or Home Depot, is 2-1/2-hours one way. So, unless you’re buying a lot of stuff it doesn’t make sense. Particularly with the current fuel prices.
 
/ Material costs rising- what would you buy now to hedge inflation #76  
nearest Lowes or Home Depot, is 2-1/2-hours one way. So, unless you’re buying a lot of stuff it doesn’t make sense. Particularly with the current fuel prices.

And complaining about a price on something is useless without qualifying.
I'm sure I could find a higher price, that was simply the closest.
 
/ Material costs rising- what would you buy now to hedge inflation #77  
$18.09 at local Lowes today.
They've got 18 of them.
That's a big difference from $43.10.
boy, my local h depot and lowes dont even carry sch 80 electrical pipe right now..and cant even order it.. only schedule 40. have to buy 80 from wholesale houses. today, it was $51.70 per stick. im glad i retired last year.

also,

Charlotte Pipe 1-in x 10-ft 630 Psi Schedule 80 Grey PVC Pipe​



is not rated for electrical. its a pressure pipe for sewer and water. my inspector would bust me good if i used it.





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/ Material costs rising- what would you buy now to hedge inflation #78  
I bought a printing press to make my own money. Hopefully will pay for itself soon……not

If my uncle can do it, I should be able to also.
 
/ Material costs rising- what would you buy now to hedge inflation #79  
Do you ever get sick of flexing in front of the mirror so much?

images
Brian Regan, comedian, has a skit called the "Me Monster". Fits 5030 perfectly. :geek:
 

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