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If You haven’t bought your Solar Panels by now…..

Nobodybusiness

Solar Sponge.
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If You don’t have your Solar panels by now you may be waiting a while or paying a lot more for them.

Certain companies and Resellers aren’t selling panels without buying a system.

The Department of Commerce is hearing a case about Chinese companies circumventing import regulations and duties through Malaysia, Vietnam and other countries.

Hence panel manufacturers are not shipping to the US.
That compounded with the Covid slow down is making demand outstrip supply.
 
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Yup, and those that thought that lifepo4 battery prices would keep decreasing didn't see the signs of the exact opposite about to happen.

Now that I've seen prices start to ease upwards for Chins, zooms, etc., I believe it is time to pull the trigger on a couple.
 
Saw this coming a mile away and got my system installed earlier this year and I felt like that was late to the party.
Yep, same here. Once the pandemic started I quickly got my roof changed and panels up. All the appliances that were getting old got replaced.

I had a feeling shortages were going to happen in every sector or at the least major price hikes.
 
I start looking for my first house... 300k gets a 5Bed/10Acre place... get on a boat... 4 months later get off the boat and 300k gets you a single-wide in a park...

I started trying to teach myself how to make bread... 4 months later we get COVID...

I buy parts to off-grid my shed and start planning revamping my neighbor's place... 4 months later we get panel shortages...

Maybe I should go buy a house right now while prices are through the roof! :cautious:
 
I start looking for my first house... 300k gets a 5Bed/10Acre place... get on a boat... 4 months later get off the boat and 300k gets you a single-wide in a park...

I started trying to teach myself how to make bread... 4 months later we get COVID...

I buy parts to off-grid my shed and start planning revamping my neighbor's place... 4 months later we get panel shortages...

Maybe I should go buy a house right now while prices are through the roof! :cautious:
You have my luck buddy lol
 
I start looking for my first house... 300k gets a 5Bed/10Acre place... get on a boat... 4 months later get off the boat and 300k gets you a single-wide in a park...

I started trying to teach myself how to make bread... 4 months later we get COVID...

I buy parts to off-grid my shed and start planning revamping my neighbor's place... 4 months later we get panel shortages...

Maybe I should go buy a house right now while prices are through the roof! :cautious:
I tell ya its hard to predict how this is gonna play out.

You have companies buying houses for cash site unseen and holding them driving prices up.

We keep hearing about all these foreclosures that are supposed to hit the market from the Covid "No Eviction" thing but the REO's are either NOT perusing them or releasing them.
Not sure what state they are in because that's not my field.

Interest rates are ticking up now also.

I remember as a younger man a simple savings account paying 8% but that when interest rates were almost usury.

Even when I bought my House in DC in 1988 the VA interest rate was 10.5%.
Most of our payment was Taxes and interest on a postage stamp lot.
 
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I tell ya its hard to predict how this is gonna play out.

You have companies buying houses for cash site unseen and holding them driving prices up.

We keep hearing about all these foreclosures that are supposed to hit the market from the Covid "No Eviction" thing but the REO's are either NOT perusing them or releasing them.
Not sure what state they are in because that's not my field.

Interest rates are ticking up now also.

I remember as a younger man a simple savings account paying 8% but that when interest rates were almost usury.

Even when I bought my House in DC in 1988 the VA interest rate was 10.5%.
Most of out payment was Taxes and interest on a postage stamp lot.
It's going to play out the way it always plays out. The very wealthy will get richer and everyone else will pay the bills.

There is an interesting news story about a few HOA's fighting back against these corporate house buy outs.
Basically they are passing their own HOA laws that prevents new buyers from selling the property for at least 1 to 2 years depending on the HOA. This seems to really be upsetting the Corporations as they just plan to buy then rent then sell whenever the market peaks. Of course our ever thoughtful legislators are saying this is an over reach and are planning to challenge the HOA's authority. I have never been a big Fan of HOA's but I think if you sign the contract and decide to live there then don't complain about the rules.
 
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It's going to play out the way it always plays out. The very wealthy will get richer and everyone else will pay the bills.

There is an interesting news story about a few HOA's fighting back against these corporate house buy outs.
Basically they are passing their own HOA laws that prevents new buyers from selling the property for at least 1 to 2 years depending on the HOA. This seems to really be upsetting the Corporations as they just plan to buy then rent then sell whenever the market peaks. Of course our ever thoughtful legislators are saying this is an over reach and are planning to challenge the HOA's authority. I have never been a big Fan of HOA's but I think if you sign the contract and decide to live there then don't complain about the rules.
I actually saw Deed Restrictions on a new Development that specifically denies you selling to an Investor/ fund/ corporate entity Ect.

Actually lived in a development that required a $500 fee to the original developer every time a house changed hands forever.

I should have thought of that when I was building back in the day.

People are catching on but its hard to resist a 10% asking above offer with no inspections and close in 2 weeks kind of deal.
 
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