Users Online Now:
1,402
(
Who's On?
)
Visitors Today:
418,773
Pageviews Today:
550,460
Threads Today:
177
Posts Today:
2,355
04:49 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Timber! Lumber prices are falling hard
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 80353538:MV81MTU3Mjg0Xzk0NzE1NDAzX0JEODJBMjkz] [quote:Anonymous Coward 82609303:MV81MTU3Mjg0Xzk0NzE0NjczXzQ5RkI4NzVG] Demand is dropping off a cliff around here (western PA). Homes that were finished a month ago are still sitting with nobody to buy them, not even BlackCock. Just wait until mortgage rates hit 8%. With the "offical" inflation rate hitting 8.6% that means the real inflation rate is pushing 24-26% that means 8% on a 30 year is guaranteed even with 830 credit score and zero debt!!! [/quote] Fk all these builders who destroyed the countryside with their sht boxes. Good. I hope those sht boxes rot and I hope those builders starve. We know they won't tho. They built all this crap with credit. Time to kill these people. [/quote]
Original Message
Lumber dealers have experienced a seesaw of emotions over the past couple of years.
During the pandemic, supply chain issues and a rise in home projects caused lumber prices to skyrocket.
But a shifting macroeconomic environment has left many dealers stumped, per WSJ, with lumber futures dropping 52% since early March.
[
link to www.theapopkavoice.com (secure)
]
Less than 50%
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>