
12-31-2005, 01:21 AM
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Administrator
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Join Date: Aug 2005
Location: Kent, WA.
Posts: 4,206
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Quote:
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Originally Posted by Robert Kulinski
It's a "push me pull me" kind of thing. A lot of the local scrap dealers are selling out to bigger corporations for big $$. A lot of them are located in older neighborhoods that are in the process of gentrification and the land under the scrapyard is worth a fortune although most of the time it is contaminated and can't be built on.
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I have to agree! I have seen some dealers lately selling off there scrap and processing equipment, then the very next day there is a for sale sign going up or there is an announcement that some developer is building 10 condos at 500K a piece.
It goes back to the old supply and demand.
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