Originally Posted by Yippiekiaye

yes. More expensive to build but more equity on the back end. We are working through the issues of dialing in the budget to get it more in line. It’s a process for sure. I’ll be happy when it’s all done and hopefully this is our forever home (which I’ve said every time we have moved. Lol)

Originally Posted by joejenie

Hahaha. "Forever Home". Do you know how many of those I have built for myself and a bunch of other people?

Originally Posted by Ninja_Bum

Our builder also called us up the other day to drop a 15% increase on us. Much smaller scale build than yours but was still a bunch in the nads.

Originally Posted by Yippiekiaye

I hear ya brother. It’s nuts out there but things are settling a bit. A bit. Lumber has dropped to a 1/3 of what it was in May. It’s a start. Hopefully steel and other commodities settle in a bit also.

Just be careful around these parts talking about building a custom home however. You might upset the resident Wealth Police. Lol

Originally Posted by Ninja_Bum

Haha, tis a fine line, if I mention my home is under a million I may get people triggered the other direction insinuating I can't afford a GT3 lol. Walkin on eggshells around here.

Originally Posted by subshooter

LOL. I paid less than 1/2 million for my home .....but I have two Porsches now which I am keeping, a 992 GT3 on the way and on a waiting list for the RS - all will be paid for in cash. I have my priorities straight.

Originally Posted by subshooter

LOL. I paid less than 1/2 million for my home .....but I have two Porsches now which I am keeping, a 992 GT3 on the way and on a waiting list for the RS - all will be paid for in cash. I have my priorities straight.

Originally Posted by ExMB

Never understood why so many want a house big enough to function as a hotel a few times a year or as an entertainment venue when they could have a " comfy home".

Originally Posted by Yippiekiaye

Ive done both. Big homes, small homes and everything in between. Everyone has a sweet spot and comfort level of what works for them. While our style, desires etc have certainly changed over the years, I find myself needing less room in certain areas and more in others. So big *** garage and office is a priority right now and thats what we are doing.

Originally Posted by John Mclane

Like diamonds, they are not scarce. Also like diamonds (see deBeers) a fake scarcity is created by controlling distribution. The car becomes a commodity, attracting "investors" (flippers) mixed up with "collectors" ( quote bc these cars are not unique) and few actual drivers. Cars being treated like appreciating assets and this happens. As long as you don't drive the car you won't break it routine. The dealers print money, less so the factory, which benefits more secondarily by allowing them to profit like this and less with conventional sales.

The whole thing percolates to the used market. At 110k you can see 10+ year old overlapping for no good reason. The pressure on the used market reflects on the new and vice versa.
This could be solved by making as many as possible to overflow the "investors" with or without the factory fighting in the behalf of their customers (Levine with Ford for instance).

Microchip shortage and COVID are not helping.
Posting their ADM prices here won't solve it but for sure is fun and puts things in perspective. 100k is good for a very nice car. If we get enough momentum sharing this thread, it may generate enough bad PR that the dealers would at least be ashamed (I know, I laughed at that too).

Like Jerry Seinfeld said about another car. it's a limited model. Limited to as many as they could sell...

Originally Posted by twk63

Not a GT car but Porsche Delaware is asking $50K over on a 992 Turbo S. The salesman tried to justify it to me as bargain as they had been asking $100K over but are willing to be "reasonable"...