Its hard for prices to subside when the government spends with abandon and the Fed is printing a waterfall of money. The Fed’s balance sheet is an astonishing $9 trillion.
Inflation is going to be with us for a lot longer than many people think.
The Memorial Day saddles for head stones cost three times as much this year as last. They start at about $150. At some point people have to say no but I’m not seeing much of that if any. The youngsters see it all as “normal” and buy as long as they can.
At Lowes I did not hear anyone say, “that’s too much”. I did see some people at the grocery store looking and passing by and a few nos to children for snacks and such.
Crappy 7/16” blandex is like $53 a sheet and 3/4” advantec is $80 and I don’t yet see any price resistance. 18 months ago $17 was high for Blandex and $27 was about right for advantec. They claim all the resin comes from china. PVC has gone into the stratosphere.
Interest rates have not had much effect on building yet. Where homes go down apartment building goes up it seems.