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re: Lumber prices down 11% YoY, back to pre-pandemic levels
Posted on 10/3/23 at 8:10 pm to Big_Sur
Posted on 10/3/23 at 8:10 pm to Big_Sur
Most don't understand what's about to happen here. There is going to be a major crash very soon and nothing is going to stop it, this is an indicator of it.
The cost to get timber to the mill, make into lumber, ship it to lumber yards and selling it to consumers have not gone down, but the demand is falling off a cliff. Something has to give.
The cost to get timber to the mill, make into lumber, ship it to lumber yards and selling it to consumers have not gone down, but the demand is falling off a cliff. Something has to give.
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