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[littlejohn]

Lumber prices are 100% higher in one year

or more on some things...

That is versus mid May,

2020 pricing when I last

did a project...


And May, 2020 lumber prices

were higher than most folks

have ever paid...

2021 versus 2020 prices...


4 x 4 x 8 treated price double...

2 x 6 x 10 over 2 time price...

5/4 x 6 x 10 treated deck boards

are 30% to 40% higher if you

could find them in May, 2020...


I don't even want to price a good

gauge of 12 ft metal roof sheets

now...or the screws...


4 x 8 treated plywood sheets are

way over 2 times more in price now

than early 2020...


I still have memories of being

sore and receipts from projects...


Lumber prices have priced the

remodeling industry into a looming

depression status...


New Home Buyers are facing coming

times of being Upside Down soon

after purchases like new car buyers...


As soon as lumber prices correct...

Not an If, just WHEN...


And buying a new home isn't normally

marketed to people to expect to

lose Equity in future...


FED has created potential Depression

set up for many sectors dependent on

the soaring commodity prices...

Recession in those sectors is

assured to be setting in now...


So we watch...LJ