Posted on 01/17/2025 9:09:42 AM PST by BenLurkin
The Palisades, Eaton and Hurst wildfires in Southern California have destroyed more than 12,000 structures, raising the likelihood of a spike in demand for lumber in the months and years ahead.
The rebuilding process after events such as these “typically drives a significant demand for building materials, particularly lumber, given its foundational role in construction,” said Michael Goodman, director of finance and general counsel at building-materials wholesaler Sherwood Lumber.
Demand for construction materials will “undoubtedly rise,” but the pace will depend on the “timeline for insurance assessments, debris removal, permitting and rebuilding efforts,” Goodman said. Historically, it can take several months for the full impact to hit the market, he said.
(Excerpt) Read more at marketwatch.com ...
REPORTS ABOUND THAT NEWSOM is already in TALKS WITH DEVELOPERS TO CHANGE ZONING from R-1 to R-3 Apartments.
HOW LONG !!! I am going too fast-—sorry
The democrats have forced at least 110 logging companies to leave California due the democrats blocking logging for a variety of made up reasons.
Make that:
build back ELSEWHERE
I see what you did here!
like the sliding jail of JEROME az?
juST SMALLER - LESS TO BURN.
Hell, the paperwork alone will eat up an entire forest!
How many permits for the USA in an entire year?
Are all of them single dwelling?
Most of trees in SW are not particularly useful.
Believe of not, the majestic ponderosa pine wood is prone to rot, so it cannot be used for outside structures.
The chaparral, shrub, alligator juniper, desert oak etc. are all useless.
So, there is not that much that could be used for building coming from CA.
After a judge (be forever dammed) singlehandedly destroyed AZ lumber industry, and after the Greyer fire, when the AZ people finally told STOP to this green madness, we are having huge problems with luring lumberjacks back!
In 2024 the US did about 1.3 million starts/permits.
That is both single family and multi family combined.
A couple years ago we got up to 1.6 million.
As a comparison in 2004 we did 2.4 million.
In 2003 we did around 2.2 million.
Then we fell to a low of 480000 in January of 2009 during the Great Recession.
I took a 50% pay cut from 2007 to 2008.
My earnings didn’t go up until 2010.
It sucked.
But I didn’t lose my job.
A lot did.
Most economist say we need to build 1.4 million just to keep up with population growth for a country of 330 million.
Houses on average last 75 years.
The burn down, get flooded, earthquakes, land slides and in a lot of places old houses are torn down and a bigger house or apartment or condo building is built on the same land.
Thanks for the info.
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