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To: stylin19a

why\how does the price of lumber affect existing homes?


existing houses are a pile of lumber................


78 posted on 06/07/2021 8:00:11 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple
from the article..I just thought they should have put it in the headline.

The price of lumber in the U.S. has tripled during the coronavirus pandemic, adding thousands of dollars to the cost of a new house.

they do mention additions and remodels in passing...

and I suppose because people can't now afford a new home, they are going after existing homes driving the price up...so I guess, indirectly, the rise in lumber affects existing homes.
80 posted on 06/07/2021 8:11:06 PM PDT by stylin19a (I have kleptomania, but when it gets bad, I take something for it.)
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