Drought Makes Farmers Wary Of Building New Homes
A new year means the hopes of home improvement or expansion for many, but the lingering drought could put a damper on some of those dreams.
This weekend's numbers at Kearney's Home and Builder's show is seeing the signs of the good ag economy, with a complete sellout of booths and more people visiting than last year.
But even though housing permits are at third highest levels on record, some farmers are becoming wary of building...thanks to the drought.
"I have had several farmers talk to me about building a home, but due to this drought it has had an effect," said Kearney Area Housing Authority President Gene Knaggs. "I've had several farmers want to back off and hold off just to see what the weather's going to do for the next couple years, so it has been taking its toll."
Knaggs says if the farm economy doesn't keep going, the trickle–down effect could work down to builders.