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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (64776)	9/6/2020 2:20:38 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78986

I have no clue about housing prices in N.H. I live in MA, right on the border to N.H. close to Nashua. I do know that the market for single family homes here in my area has been very strong. I think the pandemic has helped and people do some extend move to suburbs and extended areas which helps support RE pricing here. Boston however has not been as hard hit than NYC. From the NYC area you hear a lot about People moving to more suburban areas on Westchester, NJ, CT or Long Island. It’s also a value trade on a way. Prices have increase a lot of core urban areas during the last 20 years, but suburban areas here in NE has stayed pretty flat (I bought my house in 2018 from the original owner and paid 10% more than the owner paid for the then newbuild house in 2001. That’s why I think that the trend may persist past the endemic. Wood prices have shot up worldwide, my brother does wholesale wood sales in Germany and told me about huge demand as early as April starting with chinese buyers. It is likely due to reduced production during the endemic in February to April and housing coming back earlier and stronger than expected. I don’t think this will likely persist as earlier prices spikes were met by higher production (which is easy to ramp for most wood qualities). I have no clue about copper.