[URY914]

Originally Posted by LakeCleElum

My nephew is in sales for a large lumber warehouse. I asked him if it's a supply issue? He said no way. The mills and yards are hoarding lumber and there is plenty of supply. The issue is DEMAND. One builder submitted a bid to his client and found the lumber package had jumped $50K since he put the bid together last fall........

Everything goes in cycles I say.

Originally Posted by cabmando

You should see the pics I get once a month from a yard where lumber is stored. No shortage there. Along with the pics there's the captions "lumber shortage? I don't think so" in the text.

I stand corrected (when's the last time one here said that?). There are several stories on-line about it.

https://www.cnbc.com/2021/02/10/lumber-prices-skyrocket-pushing-up-housing-costs.html

https://fortune.com/2021/03/31/lumber-prices-2021-chart-wood-production-high-why-is-lumber-so-expensive-right-now-home-prices-data-update/

https://pittsburgh.cbslocal.com/2021/03/30/lumber-prices-raising-price-of-new-homes/

https://www.wmbfnews.com/2021/03/29/cost-build-new-home-is-increasing-lumber-prices-skyrocket/