Dealing with Disaster - Hurricane Damages Missourians

1 decade 2 years 10 months ago Thursday, December 01 2005 Dec 1, 2005 Thursday, December 01, 2005 3:00:23 PM CST December 01, 2005 in News

An obvious example would be when the price of gasoline soared, but what about something that hits closer to home.

Many have adjusted their budgets to deal with the ever-fluctuating gas prices; and still others might have to reign in their Christmas shopping a little this year. However, there are some items probably not on your Christmas list that could impact your whole year. The price tag for something are getting more expensive. For example, lumber, shingles, insulation and insurance have all gone up in price, or are going.

"The things that tend to be most affected by price right now are the backbone of the house - the cement products, lumber, plywood," said HLW Builders President Rodney Latty. "A lot of the mill work finished materials hasn't been quite as affected. But, like I said, gypsum, concrete, and most notably, recently, obviously, anything that takes diesel fuel to get something to you."

Keith Rice the Lacrosse Lumber Manager said, "The biggest thing Katrina's affecting right now is the price of polyethylene, shingles, anything oil-based that's I guess with the refineries down."

"I just tell people all the time, a lot of times its no one big item that pushes a cost up, its $100 here and $100 there. But, ten of those things is a $1000, and $1000 is a lot of money to me. And, that's the way it is now," commented ??? on how several items add up.

Chances are these trends will continue when the rebuilding starts in the Gulf Coast. Materials could be harder to get.

"They're still cleaning up, I would think. The demand for the lumber and the plywood - that'll come next year as opposed to right now," commented ?????. "And how the mills and industry reacts to that. There's only so much you can prepare for something of that magnitude. It kind of remains to be seen how much that'll make a difference."

However, not everyone is positive there will be an impact.

"It'll supposedly cause shortages and price increases, but who knows when its going to start. Maybe it will, and maybe it won't, like I say, you don't know anything about the business anymore."

But in the construction business you have to try to prepare for it. But how?

"You just have to stay on the phone a lot."

"One thing we've done recently that we normally haven't done - we had a job where we actually bought the material, and we're storing it. We knew we had to have it, there was no doubt about it, we wanted to have it in stock at that price," said ?????????.

This scramble for materials could also have an impact on your insurance bill.

Tia Lindell of State Farm Insurance Agency said, "The fact that there may be an upward pressure on the cost to rebuild may possibly indirectly affect our rates in Missouri because those building costs are going to go up here as well."

That means if insurance companies have to pay more to fix houses anywhere, not just in the hurricane zone, then you could pay more for insurance. But its not just the rising cost of materials or insurance that's making it cost more to buy a home.

"In August to September when the hurricanes started to hit, you started to see gasoline prices go up," said Coldwell Banker Realtor Doc Kritzer. "That's a factor because that's going to be an out-of-pocket everyday expense. So, people were becoming hesitant at that time about buying homes."

Whether its materials, insurance, or the ever-changing price of gas, because of the hurricanes in the Gulf Coast, the Missouri home you come home to for the holidays could be a little pricier.

Another household item that's seen an increase in price is carpet and the padding that goes under it. Mike Luebbert of Carpet Values in Kingdom City said there have been more price increases this year than normal. He said part of the reason is because carpet is oil-based and the products are delivered by diesel trucks.

More News

Grid
List
JEFFERSON CITY- A federal judge says Missouri has violated the rights of people serving life in prison without parole for... More >>
1 hour ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 11:35:48 AM CDT October 15, 2018 in News
MONITEAU COUNTY- A man was arrested and accused of trying to run over his girlfriend and son with a truck... More >>
1 hour ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 11:28:00 AM CDT October 15, 2018 in News
COLUMBIA- The Boone County Sheriff's Department is investigating a pair of armed robberies at convenience stores over the weekend. ... More >>
2 hours ago Monday, October 15 2018 Oct 15, 2018 Monday, October 15, 2018 9:54:00 AM CDT October 15, 2018 in News
CALLAWAY COUNTY - Callaway County deputies found methamphetamine and drug paraphernalia during a traffic stop early Sunday morning, according to... More >>
14 hours ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 10:05:00 PM CDT October 14, 2018 in News
SLATER - Gloria is a 2-year-old pit bull who was found near Slater, Missouri after someone shot her in the... More >>
16 hours ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 8:26:00 PM CDT October 14, 2018 in News
COLUMBIA (AP) — Missouri's Republican Senate candidate Josh Hawley took a cue from President Donald Trump on Sunday and said... More >>
19 hours ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 4:50:00 PM CDT October 14, 2018 in News
(CNN) - For many, the fight against Brett Kavanaugh's confirmation was about more than a seat on the Supreme Court.... More >>
21 hours ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 3:04:00 PM CDT October 14, 2018 in News
(CNN) - Florida Panhandle officials are trying to figure out how to resume classes after Hurricane Michael damaged or destroyed... More >>
22 hours ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 2:29:00 PM CDT October 14, 2018 in News
COLUMBIA - Dozens of people gathered at Burr Oak Brewing on Sunday for the second annual Columbia Micro-Con. STL... More >>
22 hours ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 2:09:00 PM CDT October 14, 2018 in News
MOBERLY- The Randolph County Sheriff's Office is looking for a suspect after an armed robbery at Dino Mart on 1634... More >>
23 hours ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 12:41:00 PM CDT October 14, 2018 in Top Stories
COLUMBIA - A field of flowers swept through Columbia on Sunday in honor of the Alzheimer's Association’s 2018 Walk to... More >>
1 day ago Sunday, October 14 2018 Oct 14, 2018 Sunday, October 14, 2018 8:54:00 AM CDT October 14, 2018 in News
HARTSBURG - The Hartsburg Pumpkin Festival is celebrating its 27th year with traditions like live music and picking your own... More >>
1 day ago Saturday, October 13 2018 Oct 13, 2018 Saturday, October 13, 2018 11:05:00 PM CDT October 13, 2018 in News
COLUMBIA - City officials declared the month of October Disability Employment Awareness Month at a fundraiser in Stephens Lake Park... More >>
1 day ago Saturday, October 13 2018 Oct 13, 2018 Saturday, October 13, 2018 10:39:00 PM CDT October 13, 2018 in News
COLUMBIA - The first ever Marc’s Dash 5K and Fun Run was held Saturday to honor a fallen firefighter. ... More >>
1 day ago Saturday, October 13 2018 Oct 13, 2018 Saturday, October 13, 2018 8:43:00 PM CDT October 13, 2018 in News
FULTON - "Richard's Family" said its goal is giving a safe space and a sense of family for LGBTQ youth.... More >>
1 day ago Saturday, October 13 2018 Oct 13, 2018 Saturday, October 13, 2018 7:18:00 PM CDT October 13, 2018 in News
(CNN) -- Hurricane Michael's death toll climbed to 18 Saturday, after another victim was discovered in Virginia. Fears were... More >>
1 day ago Saturday, October 13 2018 Oct 13, 2018 Saturday, October 13, 2018 6:23:00 PM CDT October 13, 2018 in News
JEFFERSON CITY- Police arrested a man wanted for attempted murder and attempted kidnapping Saturday. Police were investigating an unrelated... More >>
1 day ago Saturday, October 13 2018 Oct 13, 2018 Saturday, October 13, 2018 3:50:00 PM CDT October 13, 2018 in News
(CNN) -- The percentage of young kids in the US who received no vaccine doses has continued to rise, as... More >>
1 day ago Saturday, October 13 2018 Oct 13, 2018 Saturday, October 13, 2018 2:33:00 PM CDT October 13, 2018 in News
Columbia, MO
Broken Clouds 45°
1pm 47°
2pm 49°
3pm 50°
4pm 50°