Buy chip board!!!
Even here in the out of favor midwest, new houses are popping up like dandelions in May. The demand side is strong. They have a hard time finding enough braceros to nail them together.
What is your choice store of value?
I hate that stuff - a cross between a graham cracker and a sponge.
Well, particle board (OSB) isn’t plywood.
Three years ago, we bought a small piece of land in eastern Maine where we wanted to build a summer home. We got quotes back then to build it, but put it off due to other expenses we needed to deal with at the time. That was a bad mistake on our part. I talked to our potential builder last week, and the cost of the house has now more than doubled....yep, at least doubled. There’s no way we’re gonna build it now.
I want to personally “thank” all the democrats, both local and national, for this BS.
I’m glad I don’t live in an area that gets hurricanes. It would cost a fortune to put plywood over the windows of modern homes.
Plywood is up due to the biden ‘peaceful’ rallies in the big
craphole cities.
I did a quick check on homedeport.com. $66.48 for a 4’ x 8’ x 3/4” sheet of birch plywood. Not cheap, but nnowhere near $100. These days, most new houses use more OSB than plywood anyway.
“On the other hand, the rampant inflation that we are witnessing is here to stay, and it is going to be a major issue in our society from this point forward.”
not necessarily true, just the writer’s opinion.
A builder told me, months ago, that the cost of lumber was skyrocketing, thanks to increased demand for housing. Will this housing bubble burst soon, or will the higher prices be here to stay?
It’s the sawmills and processing plants. The guys who own timber land say they’ve got a lot of wood they can’t sell because everyone is backed up. Eventually, all this wood will work its way through the system.
Okay, the author is beating the wrong drum when it comes to wood prices. Yes, there’s inflation. But the largest contributor to the price of wood is that the Trump administration slapped a tariff on imported Canadian wood, claiming that the Canadian government was essentially giving the wood away at less than market price. (This disadvantaged American lumber producers.) The tariff was intended to force the Canadians to negotiate. Then, Trump “lost” the election and the tariff was not negotiated away. The Canadians say that the Biden administration will not even take their phone calls. This is probably because the administration is making a huge killing on the tariff so we can expect exorbitant prices until Biden is gone. One article several months ago said the tariff had increased the price of the average home by $30,000.
I am a regular buyer due to the need to repair rental property. I have put off several projects because of the cost. I am now looking at making some things out of steel, which I already have. That’s gonna make for some amazing porches.
Copper Romex wire has doubled, even tripled depending on who you are buying from.
This represents a 10%- 20% increase in cost to the sub, with this cost being passed on to the general, who passes that increase to the owner. Plus a mark-up.
My bids (along with many other contractors I know) now are not fixed in price until such time as a deposit, adjusted for todays pricing, is received, and which covers the complete cost of material.
Suppliers are also being limited to how much they can purchase in a given month based on 1/12th of what they bought last year. This means that we have to order way before we need the product. If I need 400 boxes for a job I can order it all, but most will be back ordered and dribbled out to me a little at a time.
On the other hand, with the NY AG refusing to prosecute prostitution, the price of screws is going down.
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*** our national leaders continue to flood the system with even more new money, and that is going to cause even more extreme inflation in the months and years to come. ***
I noticed at the grocery store today that some items have jumped a dollar or two in price since last week.