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re: A 2x4 stud was $1.87 give or take just 2 years ago. $8.25 each currently

Posted on 3/27/22 at 3:20 pm to
Posted by tiggerfan02 2021
HSV
Member since Jan 2021
3855 posts
Posted on 3/27/22 at 3:20 pm to
quote:

The inflation figures I have seen are bonkers. Maybe TVs haven’t gone through the roof, but steel, wood, copper, oil have all gone up astronomically. Idk how you can’t say that inflation isn’t over 10% even factoring in relatively stable prices for some goods.




If inflation was being calculated the way it was in the late 1970's (before the Feds changed it to make Carter's stagflation not look so bad) last month's 7.9% would have been 15.5%.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179042 posts
Posted on 3/27/22 at 3:21 pm to
Windows will cost you your firstborn.
Posted by tntbigjay
da berry
Member since Oct 2020
11 posts
Posted on 3/27/22 at 3:30 pm to
Picked up 2 22 ft 2x6's and 1 16 ft 2x6 this past week.....$115!
Posted by ecb
Member since Jul 2010
10065 posts
Posted on 3/27/22 at 3:53 pm to
Price gouging
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14347 posts
Posted on 3/27/22 at 5:01 pm to
quote:

I hope you are building a chicken coop with that material, cause it sure ain't going to build a solid fence


Just replacing some post that ida messed up and removing a gate in the back. Already had the deck screws and t-brackets.

T-bracket

Don’t need 2x4x16 staggered with the t bracket

Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 3/27/22 at 5:11 pm to
quote:

really don't understand lumber prices. They're like 5x more than they were two years ago. The workers aren't making 5x more. The trucks, gas, and tools aren't 5x more. Where is that money going?


Someone who has figured out that many people are driven by want, not need, so why not?
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
23088 posts
Posted on 3/27/22 at 5:45 pm to
quote:

2x4x8 yellow pine is around $8.00 depending on location.




That's actually not bad, relatively. 2x4x12 yellow pine was $18.13 per stick here just a week ago.
Posted by LSU alum wannabe
Katy, TX
Member since Jan 2004
27563 posts
Posted on 3/27/22 at 5:47 pm to
Building a wood shop for me and my Dad to tinker around in. We may have to take up welding to save money.
Posted by 2Yutes
BR
Member since Oct 2018
2389 posts
Posted on 3/27/22 at 5:54 pm to
Amazing to think Putin held such vast influence on America’s wellbeing…according to this incompetent administration. The losing continues.
Posted by oldskule
Down South
Member since Mar 2016
23119 posts
Posted on 3/27/22 at 6:53 pm to
The $1.5T wont last long.....Joe really fricked this whole country!
Posted by htcthc321
Member since Oct 2010
1740 posts
Posted on 3/27/22 at 7:10 pm to
quote:

I don't know where you are buying material and how you were building fences, but the properly build a 6 ft privacy pine fence it's at least $14 a foot just for material


Stines had a tax free weekend.

8 4x4x8 treated
27 2x4x8 treated
160 6ft dog ear pickets

I spent a total of $768 on lumber. Had concrete and screws already on hand.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 3/27/22 at 7:45 pm to
quote:

Price gouging


Not a real thing unless you believe there is some maximum price goods should sell for. Today’s prices or simply the result of having reduced supply while demand remains the same, or increases. For prices to decrease will require a increase in supply, or a decrease in demand, or both. Econ 101.
Posted by Taxing Authority
Houston
Member since Feb 2010
62475 posts
Posted on 3/27/22 at 8:14 pm to
quote:

High inflation combined with relatively low interest rates is the ideal situation to be using debt.
Only if you can stay solvent longer than the Fed can remain irrational.
Posted by Red12_Black4
Little Rock, AR
Member since Oct 2017
243 posts
Posted on 3/27/22 at 8:18 pm to
A 5/4 8 ft treated deck board at home depot was $13.64/board this weekend. A year ago that were around $9/board
Posted by Earnest_P
Member since Aug 2021
5040 posts
Posted on 3/27/22 at 8:24 pm to
This reset is great.
Posted by Allister Fiend
Member since Jan 2016
996 posts
Posted on 3/27/22 at 8:28 pm to
LINK

Supposedly prices have dropped the past few days.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179042 posts
Posted on 3/27/22 at 8:33 pm to
quote:

Supposedly prices have dropped the past few days.



Yes I mentioned in my OP that lumber futures have dropped but it hasn't reached the consumer just yet

I buy material for various things weekly and watch it close. In fact, I noticed today that the 1x2x8 furring strips we buy to tarp roofs have actually gone up. My crews still tarp a roof or two a week and just last week I paid $1.98 per board. Noticed today that they are $2.20 per.

Furring strips are junk boards we used to buy for $1 just two years ago.
This post was edited on 3/27/22 at 8:36 pm
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
70865 posts
Posted on 3/27/22 at 8:49 pm to
quote:

the cash buyers


How in the frick are there so many of them????

I make a damn good bit of money for somebody my age and it'd still be a very long time before I could afford to pay cash for a $400k house.
Posted by StringedInstruments
Member since Oct 2013
20342 posts
Posted on 3/27/22 at 8:53 pm to
quote:

make a damn good bit of money for somebody my age and it'd still be a very long time before I could afford to pay cash for a $400k house.


Gotta be equity plus inheritance.

Or California folk selling a million dollar shack and moving somewhere middle class homes cost $400k.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
70865 posts
Posted on 3/27/22 at 9:00 pm to
Its like the h&g channel people who play the flute at a night bar and have a $1M budget are actually real people and there's actually a whole frickload of them.

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