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To: bigdaddy45

Lumber went to all time highs in 2020 and 2021 because of an increase in demand at the same time as decrease in production.
Production has finally increased to meet demand. So, prices are coming back down to where they normal range they were in pre covid.

The Lumber Broker


4 posted on 06/10/2022 10:18:50 AM PDT by woodbutcher1963
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To: woodbutcher1963
Lumber bubble 2.0 just burst—here’s when to expect the best deals
5 posted on 06/10/2022 10:24:16 AM PDT by American Number 181269513 (Change before you have to)
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To: woodbutcher1963
Production has finally increased to meet demand. So, prices are coming back down to where they normal range they were in pre covid.

Somehow I can't find racism in this behavior of the lumber market. But I am trying. Our leadership at BLM (Board Lumber Matters) tells me its there.

8 posted on 06/10/2022 10:27:42 AM PDT by 17th Miss Regt
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To: woodbutcher1963

Actually even with this decrease they are still up huge from prepandemic but you are generally correct


24 posted on 06/10/2022 10:51:25 AM PDT by rb22982
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To: woodbutcher1963
Lumber went to all time highs in 2020 and 2021 because of an increase in demand at the same time as decrease in production.

I spoke with someone in the housing business back then who gave the same explanation. The cost of lumber skyrocketed, which led to an increase in the price for new home construction.

34 posted on 06/10/2022 11:21:33 AM PDT by Tired of Taxes
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To: woodbutcher1963
Good. Now I can upgrade my cardboard refrigerator box sidewalk house to an OSB box. Moving on up, baby!


41 posted on 06/10/2022 11:46:02 AM PDT by moovova
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To: woodbutcher1963

How will this affect other construction-related materials? For example, I have been waiting to have my roof re-tiled and some other fix ups and improvements.


42 posted on 06/10/2022 11:51:23 AM PDT by Wilhelm Tell (True or False? This is not a tag line.)
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