r/Roofing • u/luckyllama88 • 8h ago
Home owner question How Are So Many People Around Me Buying New Roofs?
Hello,
I live in central OK and I can't help but notice a bunch of houses on my street of about 20 houses, about half have had a new roof put on in the past couple years. (That just seems like a lot in a relatively short time span) I don't know if "new roof" is the correct terminology, but they were definitely getting new shingles and flashing.
Do these people know something I don't about some government grant or some sort of deal to get a new roof, or are all of these people just financially well off to afford a roof? I'm not broke, but I just couldn't imagine having to absorb $20,000 right now for a new roof. What are people doing? Is it an insurance claim after a storm goes by?
If it's not obvious by now, I am 99.9% in the dark on new roofs, what costs are, and how people are seemingly easily financing such an expensive item on their house. I see the company trucks and have looked them up and they are all local companies, so it's not those "knockers" I get every other week trying to sell me a roof, or perhaps it is....?
I'd appreciate any helpful info on the best way to afford a roof and if there are benefits or loopholes or if it's good 'ol fashioned saving up people are doing to buy new roofs. Thank you!