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re: Rising lumber prices (what’s next and who’s to blame?)
Posted on 5/3/21 at 11:29 am to The Levee
Posted on 5/3/21 at 11:29 am to The Levee
Georgia Pacific raised their prices when interest rates when to crap. That's why. They aren't paying tree farmers any more than what they were paying before prices went up.
3
Posted on 5/3/21 at 11:31 am to Rex Feral
They were given an excuse to raise their prices, and they won’t lower them. They will keep going up, that’s the problem.
The market will correct itself when construction halts due to prices.
I’m not making excuses. Just explaining what is happening.
The market will correct itself when construction halts due to prices.
I’m not making excuses. Just explaining what is happening.
Posted on 5/3/21 at 11:57 am to Rex Feral
The housing boom happened and rates never went up. The only thing that changed was underwriters were more selective.
Rates are now half of what they were when the industry went tits up.
Add on top of that, supply chain issues, labor shortages, and the northern states continuing to consume lumber through the winter and you have a recipe for disaster.
Rates are now half of what they were when the industry went tits up.
Add on top of that, supply chain issues, labor shortages, and the northern states continuing to consume lumber through the winter and you have a recipe for disaster.
Posted on 5/4/21 at 11:19 pm to Rex Feral
We import as a nation, much from Canada. Since Biden screwed Canada's income (the nation gets all the royalties from oil) What did Trudeau do to delay or slow shipments?
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