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re: Crazy construction materials news I learned today

Posted on 3/1/21 at 10:00 pm to
Posted by armsdealer
Member since Feb 2016
11523 posts
Posted on 3/1/21 at 10:00 pm to
You would hope market forces would make some corrections but with free money flowing in multiple forms and business being funneled away from small business and into the mega corps I don't see an end in sight. Add in that we are due for inflation any time now and we may never see lower material prices again, not anything an average person can afford anyway.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 3/1/21 at 10:01 pm to
quote:

free money


Yup

Banks could put on the brakes and control it, but they won’t.
Posted by lowhound
Effie
Member since Aug 2014
7575 posts
Posted on 3/2/21 at 7:57 am to
quote:

You would hope market forces would make some corrections


There's only so many sawmills still open. It would take too long to build any new sawmills before the market is corrected. Same with steel mills. The costs to restart and run the old mills is high, but are the potential sales high enough to overcome this cost to make it worth while.
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