ping
I have heard getting it on the ground processed and transported is a problem.
Labor shortage.
I was going to put up a fence. I think I’ll wait till next year.
Once the Covid foreclosure ban is lifted, over 5% of all homes are going to be foreclosed upon by the banks. The 2008 Housing Crash "only" saw 3% of homes taken. This next one will be twice as large. Growing the housing market right now will only make that even worse when it comes.
Hubby enclosed a carport to put our golf cart in (his trailer was in there). He’s a wonderful carpenter (not his trade) but he was talking about how high lumber is especially plywood. Higher than a cat’s back.......
Trump’s tariffs on Canadian lumber so much winning!!! YEAH! ๐๐๐ฌ
The FR Socialist nationalist populist Neocom brigades to blame sleepy Joe in 5,4,3,2,1
FR socialist nationalism populism bc our socialism is better than their communism ๐
My wife and I have been waiting on our new oven and cooktop to ship for three months. Crickets. You know, death virus and all. Every meal is cooktop, microwave, or crock pot. I replaced a few rotten 4x4 fence posts last morning. The prices have more than doubled. I sold some timber off of some land that I have last year. I did not receive value pricing.
March statistics show rail traffic has โreboundedโ from pandemic slump, AAR says
Any viewer of the unnngh! thread can perfectly understand why a worker would rather collect a check from government than cut down those trees!
I read the draconian Canadian lockdowns are killing the supply chain.
My neighbor was just quoted over 12k to reinstall new wood on his small deck. Last year it would have been about 4k or 5k for the same job.
Crazytown prices!
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A lot of lumber is up 300-450 percent from pre-covid levels.
Just price gouging. Standing timber is the cheapest it has been in decades.
There’s a perfect inflationary storm in building supplies caused by government spending inflation, producer employee shortages (COVID, they say), tariffs, fuel prices and more. Some of it, of course, is simply a result of production decreases. Also, since the mid-’70s, many businesses have answered decreasing sales with price hikes, the opposite of the supply and demand principle. “We must raise prices to stay in business.” I wonder if we’re headed for stagflation again, but the Fed tactics of the past 15 years or so seem to work against that.
Never understood the PDJT tariffs on Canadian lumber:
https://timberlinemag.com/2021/03/home-builders-applaud-canadian-lumber-tariff-cuts/
https://agnetwest.com/trump-imposing-tariff-canada-lumber/
Lumber was $358 per 1000 board foot last April.
It’s now over $1,048 per 1000 board foot - almost triple.
Lumber futures hit $1,158 the other day. And it shows no sign of stopping.
We came super close to buying a vacant piece of land last year, planning to build a new house in 2021. Thankfully, we decided at the last minute not to. With lumber and other commodity prices sky high, it easily could have been $300/sq ft just for the house and before landscaping, deck, sprinklers, etc.
Looks like we and others will be staying put in our current houses for a long time..or buying used vs. doing new construction.