To: Salgak
I agree. I've been in the construction industry for 16 years and have never seen a demand or backlog as we have for the past six months. (Frankly, the past 30 months have been phenomenal.) Interest rates, at an all time low, seem to be fueling the building boom. Yet, what has amazed me the most are the size homes being built - the majority are in excess of 3000 square feet.
Last year, when we saw prices rising, our area had been subjected to three months of rain. Logs weren't getting to the mills, demand was still there, and prices went sky high. I've vowed to buy up several truckloads of plywood and osb if and when prices drop again - and I believe they will.
56 posted on
04/06/2004 8:57:44 AM PDT by
Quilla
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To: Quilla
"Interest rates, at an all time low, seem to be fueling the building boom. Yet, what has amazed me the most are the size homes being built - the majority are in excess of 3000 square feet."
Darn the worst economy since the Great Depression ;)
72 posted on
04/06/2004 10:17:03 AM PDT by
adam_az
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