Why the cost increase?

@oregonpapa

Of course we have. Listen, I’m no fan of the Fed, or our insane and crazy spending on a federal level (yes, if we keep doing that we will see similar cost increases on all products across the board), but, the lumber increase across the board happened almost literally ’overnight’. The beef industry wholesalers, as the lumber guys, seem to have a cartel on these prices, and can literally do as they desire if the market is there. Gas prices? Well, I don’t think it takes a genius to figure out why that is happening.


I study this stuff, believe me, especially after the housing crash that almost ‘killed me’ financially overnight, but this particular cost increase was so staggering quick nationwide that it goes beyond what would be expected by ‘actual’ inflation.

As example, we just ordered roof trusses for a job. We will have to wait 3 months to get them, minimum. It wasn’t even a year ago would would get those built and trucked to our site in 2-3 weeks max from date of order. Might give you a glimpse of what is happening. Same is happening to windows, cabinets, and many many other building supplies. Makes our job tough in keeping clients happy.

I drove back and forth to Montana from Southern Nevada recently. I saw train after train with Lumber heading south. I had put all my wood working project on hold for a few months when the prices went thru the roof. We shall see if the prices come down with the resupply.

I’m thinking lumber will be back to normal spring of 22

Pay no attention to the economic town criers. This inflationary noise is just that. Noise. Some inflation is to be expected but it will be short lived and price gougers are always around to take advantage of it. Anyone notice how it's not across the board?

The comments you hear are just from opportunists inflaming the situation. Nothing more.

All the best,
Nonoise

Anyone notice house prices also taking a massive jump? Homes in NC and VT Zillowed at $400k going on the market for $600k - overnight.