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re: Lumber prices down 11% YoY, back to pre-pandemic levels

Posted on 10/3/23 at 11:07 pm to
Posted by imjustafatkid
Alabama
Member since Dec 2011
58501 posts
Posted on 10/3/23 at 11:07 pm to
quote:

Now, all we need to do is quit eating, driving, and using utilities and we’ll be set in a few years!


Bidenomics at work.
Posted by bhtigerfan
Baton Rouge
Member since Sep 2008
32401 posts
Posted on 10/3/23 at 11:32 pm to
quote:

I paid over $4.10 per gallon for gas today...
Yeah, but you’re a billionaire, what do you care.
This post was edited on 10/3/23 at 11:42 pm
Posted by tgerb8
Huntsvegas
Member since Aug 2007
6381 posts
Posted on 10/4/23 at 3:00 am to
quote:


Osb jumped up a little recently from $11 range to $17-$18


yeah. and it was 8 bucks a sheet pre pandemic. sounds like misleading or cherry picked data to me.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 10/4/23 at 7:04 am to
Are grocery stores stocked???
Posted by Tesla
the Laurentian Abyss
Member since Dec 2011
8914 posts
Posted on 10/4/23 at 7:37 am to


You’re not touting this as a good thing, are you? It’s not the health of the economy, it’s the crashing new housing starts that are causing it.

Posted by dgnx6
Member since Feb 2006
79618 posts
Posted on 10/4/23 at 8:26 am to
quote:

in what fricking world do we live in where out producing every other country in any commodity would possibly be considered negative. i’m really beginning to worry about some of you.



Because climate change, duh.

Posted by ManBearSharkReb
Member since Dec 2018
4701 posts
Posted on 10/4/23 at 9:04 am to
I work in SFr. There’s literally no movement in the housing market = no demand for lumber. OP is an idiot.
Posted by lowhound
Effie
Member since Aug 2014
8697 posts
Posted on 10/4/23 at 9:32 am to
Good. Maybe they'll quick clearcutting the rest of my hunting lease. Timber company just about cut it bare over the past 2 years.
Posted by jonnyanony
Member since Nov 2020
13204 posts
Posted on 10/4/23 at 9:37 am to
quote:

Probably low demand to build with interest rates as high as they are. People aren't buying homes.


Existing home sales have gone down from the 2021-2022 rush but new home construction hasn't really dipped. In fact it's only gone up since 2018.

This is just supply chain correction.
Posted by Westbank111
Armpit of America
Member since Sep 2013
3709 posts
Posted on 10/4/23 at 11:24 am to
Grey Goose, 1000% correct!

The Sheep have no idea what is coming, and when the GREAT COLLAPSE happens, it will be too Late to reverse course.

Zero policies pushed by the globalist & UNIPARTY are by accident, it’s a purposeful plan to collapse tve $USD so they can usher in CBDC’s for the NWO RESET!

And if they get as far as eliminating physical currencies and force everyone to use cyber currency, we are all fricked! We’ll have Social credit scores like China
& Venezuala and kiss any remaining freedoms goodbye!
Posted by hawkeye007
Member since Feb 2010
5983 posts
Posted on 10/4/23 at 11:27 am to
the hardest loan to get right now is a construction loan, banks are starting to drop that type of loan program.
Posted by AquaAg84
Member since May 2013
2869 posts
Posted on 10/4/23 at 7:47 pm to
And no response yet by the OP. Shocking. Perhaps busy helping to build structures for inner city homeless folks and illegals flowing in? Care to comment? I doubt it.
This post was edited on 10/4/23 at 7:55 pm
Posted by Bass Tiger
Member since Oct 2014
51444 posts
Posted on 10/4/23 at 8:10 pm to
I wish my property taxes, grocery bill, new car prices, insurance, etc was at pre COVID19 levels.
Posted by sostan
Louisiana
Member since Jul 2010
1103 posts
Posted on 10/4/23 at 9:12 pm to
quote:

Friend


But are we drilling as much as any time in history?
Posted by sostan
Louisiana
Member since Jul 2010
1103 posts
Posted on 10/4/23 at 9:15 pm to
This is only one component of home building. Everything else is sky high; insulation, drywall,electrical, plumbing, paint, flooring,
roofing, HVAC !
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