Coin insurance with Hugh Wood Inc.

Discussion in 'Coin Chat' started by ldhair, Aug 15, 2025.

  1. -jeffB

    -jeffB Greshams LEO Supporter

    ...and the expectation of rising prices.

    Besides, we're being told that we all need to be more fertile (actually "fecund"), and have lots and lots and lots of American children (whatever that means). If that happens, we're still going to have increased housing demand, right?
     
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  3. Heavymetal

    Heavymetal Supporter! Supporter

    Can’t build the herd all that fast or easy. The same is true of our cattle
     
  4. ToughCOINS

    ToughCOINS Dealer Member Moderator

    The cost of renting a home gives impetus to buying a home. The demand for / availability of homes determines market price. Market price determines tolerance for price of construction. Price of construction determines cost of replacement, and thus insurable value.


    Highly-skilled labor makes up the vast majority of the labor budget. Home building requires numerous specialists, including framers, electricians, plumbers, and HVAC technicians, whose expertise commands higher wages. A shortage of skilled workers in the industry has also contributed to rising labor costs.

    Menial labor for site prep and cleanup, drywall, roofing, painting, and carpet/floor/tile installation constitutes a much smaller portion of the overall cost compared to the skilled trades.
     
    Last edited: Dec 22, 2025 at 2:13 AM
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