View Single Post
  #3  
Old 05-05-2021, 09:40 AM
Ed Caffrey's Avatar
Ed Caffrey Ed Caffrey is offline
Super Moderator
 
Join Date: Jun 2002
Location: Great Falls, Montana, USA
Posts: 4,337
Send a message via AIM to Ed Caffrey Send a message via Yahoo to Ed Caffrey
YES! I have looked a lumber prices...... Insane!

One of the young men I go to Church with is a builder, and stopped to check in on me last week. He said that he had just sold 50 sheets of OSB that he had purchased over a year ago.... for about $7 each..... and sold them for $55 EACH! DANG!

What I find interesting is that the pace of building hasn't slowed down at all. It makes me think about what's going to happen when these people who are paying 3-4X of what the price should be for a newly built home are going to do, when prices fall, and they are stuck with a home that's only worth 1/4 of what they paid. Wonder if this is just another branch from the tree that is intended to crash our economy? Hmm.


__________________
WWW.CAFFREYKNIVES.NET

Caffreyknives@gmail.com

"Nobody cares what you know.....until they know you care."
Reply With Quote