Here is a good article published today that discusses some of the issues Micron is facing but doesn't mention the need for any additional future layoffs.
Was he copying lex luthor’s real estate plan?
As one who started as an engineer for ibm chip division i have seen the highs and lows. Late 1990’s into early 2000’s it was a booming business then the drop happened. IBM got out of manufacturing of chips, selling the business. Chip business is cyclical. With the downturn starting it would not surprise me if Micron slows down the construction schedule.
cnycentral.com
Real estate prices should be on fire. Not enough inventoryMcMahon working to turn $100 billion Micron promise into signed deal
Onondaga County’s Economic Development team is wrapping up 2022 pushing hard to maximize the opportunity of memory chipmaker Micron selecting the Syracuse area
Onondaga County population growth should be between 100-250K.
McMahon hopefully will make sure the developers build high quality housing. Frankly some of the stuff built in the northern suburbs is cheap crap.
It is and overpriced. Northern suburbs isn’t my cup of tea but this will
Depends on the builder. Luckily Ryan Homes is hopefully out of the Syracuse Area for good...
The cost of new construction vs older homes is way out of whack now. Always has been a gap but it has reached absurd levels.
Ryan is gone for good. They sold their last remaining development site (Rolling Meadows in Camillus) to Cornerstone Homes. Cornerstone essentially took over for Ryan in this area as the “volume builder”. They do an excellent job though - way above Ryan quality for sure. They built our home up on Onondaga Hill a few years ago.
Heritage built my house for about 150k less than what they are charging now in 2020.
The political decision was made to increase American chip production for national security reasons. According to "60 Minutes" the overwhelming majority of chips are imported from China and Taiwan. If things go south in that part of the world, we would be in trouble importing chips. I think Micron is looking at the big picture.
Most of our customers are asking for us to use fewer Chinese parts, and we are.
Yep it’s not just Lysander it’s like that everywhere - I’ve seen 2000 sq ft listed north of 700k. Like I said completely absurd.
Ryan builds a lot down in the DMV. Lots of 3 story townhomes, etc...
My wife was an executive there for years.
www.news10.com
Ryan homes are absolute garbage, iv worked on a lot of them.
Fact.
I just wrapped up a project with them 5 years after a local housing development they built was completed. It took 5 years of threats and holding securities to get NVR/Ryan to fix all of the road, drainage and homeowners association problems they caused.
