"There Is No Shortage?" Train Loads Of Lumber Stacked As Far As The Eye Can See | |
Anonymous Coward User ID: 77123653 Canada 05/04/2021 04:24 PM Report Abusive Post Report Copyright Violation | |
beeches
User ID: 78973486 United States 05/04/2021 04:25 PM Report Abusive Post Report Copyright Violation | |
Super Straight Splinterhead
User ID: 74470288 United States 05/04/2021 04:26 PM Report Abusive Post Report Copyright Violation | All Manufactured scarcity. Quoting: Edmontonian Lumber yards all over stacked to capacity. People have actually been setting up their own lumber mills and selling rough cuts to builders, under the table. Getting news reports of construction sites being robbed of their materials already. They have started posting guards. lol Amazing world we are living in. Plenty of logging going on in my neck of the woods, southern Oregon. Constant logging trucks all day long. Yes,neighbor most of it salvage logging, due to the fires that were lit by the communist cunts. Last Edited by Super Straight Splinterhead on 05/04/2021 04:47 PM |
Anonymous Coward User ID: 45710406 Canada 05/04/2021 04:30 PM Report Abusive Post Report Copyright Violation | |
No Shortage Of Prophets User ID: 80312492 United Kingdom 05/04/2021 04:30 PM Report Abusive Post Report Copyright Violation | Wood float on water, and if they had not built another Noah Ark by then.. it is another preparation for the coming great flood. Would you want to dive underwater and chopped the trees down?. They know it and preparing for it. |
Anonymous Coward User ID: 80269965 United States 05/04/2021 04:32 PM Report Abusive Post Report Copyright Violation | I've been hearing that the prices have gone up so much, that Building companies are either renegotiating building prices, or walking away. Quoting: Edmontonian Renegotiating prices sometimes 3-4 times as the price just keeps going up, and orders going unfilled. Members of my family own a building business. My grandson said he quotes a price to build a home for a client, and two weeks later, the prices go up. That's why when quoting always over-estimate the price of a build by a margin of 15%. It gives you flexible margins and potentially higher profits without being greedy. |
Anonymous Coward User ID: 3660940 United States 05/04/2021 04:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77595506 United States 05/04/2021 04:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77595506 United States 05/04/2021 04:39 PM Report Abusive Post Report Copyright Violation | Nobody said there was as shortage and you shouldn't repeat it. Quoting: Anonymous Coward 77595506 Prices are up because they CAN be. Because the market will bear it. Capitalism. actually, crony socialism Nope. You want it, we got plenty, how much you want ? Biden could drop the tariff on Canadian lumber and prices would crater. And the PROFIT is going to the middlemen. |
HempWillSaveTheWorld
User ID: 78833865 United States 05/04/2021 05:02 PM Report Abusive Post Report Copyright Violation | Did you know Fidelity Investments owns one of the world's largest saw mills and lumber yards ? Do you care? Quoting: OU8122 There was apost from a person high up in the lumber contract market and he said biden admin due to climate change cut the lumber contract for most of the north east HempWillSaveTheWorld Vi Veri Vniversum Vivus Vici |
SaveUSa
User ID: 58237403 United States 05/04/2021 05:08 PM Report Abusive Post Report Copyright Violation | I've been hearing that the prices have gone up so much, that Building companies are either renegotiating building prices, or walking away. Quoting: Edmontonian Renegotiating prices sometimes 3-4 times as the price just keeps going up, and orders going unfilled. Confirmed. In fact, you won’t see a development contract today without some form of price adjustment language included. Within the surreal depths of "reality" lies the truth. |
Artificial Person
User ID: 65294809 Switzerland 05/04/2021 05:17 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78356727 United States 05/04/2021 05:24 PM Report Abusive Post Report Copyright Violation | I've been hearing that the prices have gone up so much, that Building companies are either renegotiating building prices, or walking away. Quoting: Edmontonian Renegotiating prices sometimes 3-4 times as the price just keeps going up, and orders going unfilled. I spoke to a lumber company owner in Oregon yesteray on a business call. He said OSB board was $17.00 now its $38.00 per 4X8 Sheet. He doesnt know why. |
kaibosh
User ID: 80154584 Canada 05/04/2021 05:28 PM Report Abusive Post Report Copyright Violation | I get tired of saying this... The lumber prices are completely the result of mafia style collusion and market manipulation, between the handful of mobster families that run the entire timber industry. Covid-1984 didn't affect the production of wood products AT ALL. Our secret supermills tucked away in the hinterlands of Northern Canada just keep rolling on. The price is lumber is beyond absurd, I am pretty sure most people don't have a clue. Go ahead and drop by your local yard and buy half a dozen boards - I dare you. |
Anonymous Coward User ID: 80313331 Canada 05/04/2021 05:32 PM Report Abusive Post Report Copyright Violation | One of the most important things we've learned over the past year is the vulnerability of global supply chains. Most notably, supply disruptions of lumber have catapulted prices to the moon. Quoting: Anon Braveheart The narrative touted in the public domain is that COVID-19 sparked a dramatic underestimate in capacity by sawmills early in the pandemic as the Federal Reserve slashed interest rates to zero, sparking a housing boom. The influx of demand outpaced supply and has caused lumber prices to jump 340% from a year ago, according to Random Lengths. [link to www.zerohedge.com (secure)] I just flew over Canada. If you want to understand the lumber crisis, just do this. It's an Agenda 2030 plan to stop new home builds, plain and simple. |
Anonymous Coward User ID: 79130092 United States 05/04/2021 05:34 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77597368 United States 05/04/2021 05:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80314577 United States 05/04/2021 05:53 PM Report Abusive Post Report Copyright Violation | I don't think there is a shortage of anything but labor. There's a ton of lumber but a huge demand! Some of it is going overseas. Quoting: Hadriana That's true abt labor, as ppl are being paid more to stay home than to work. #hovidcoax True also abt the good stuff going overseas. We're paying highly inflated prices for essentials because we're exchanging critical commodities for tonnage of low-brow chineser crap. A pound of burger is 7 bucks and a 2x8/8 is 40 bucks, but thank the gods we have $3 t-shirts. |
Zorro A. Knievel Esq.
User ID: 72951039 United States 05/04/2021 06:06 PM Report Abusive Post Report Copyright Violation | The price increase is more about demand, more people want lumber so prices increase to keep supply evenly distributed. The are minor shortages but nothing major, if they hadn't of increased prices we would have seen major shortages. Quoting: Anonymous Coward 72708715 Go on Facebook Marketplace right now and check out all the average Joe's who quit their day jobs because of Rona and are now building wood dog crates for $3k a pop. Last Edited by Zorro A. Knievel Esq. on 05/04/2021 06:06 PM COVID IS NOT FUCKING REAL, WW3 AIN'T GUNNA HAPPEN. TURN OFF YOUR MOTHERFUCKING TV. [link to youtube.com (secure)] [link to youtube.com (secure)] |
Anonymous Coward User ID: 77326810 United States 05/04/2021 06:30 PM Report Abusive Post Report Copyright Violation | There is no conspiracy. Lumber is up because it was way too low for too long. While the price of many commodities doubled and tripled or more over the last decade lumber was flat. Now it’s playing catch up. Until people stop buying it will stay high. My coworker just transferred here and is having a house built. The 750k house is now 800k. So what? That’s like an extra 200$ on their house payment, which is nothing when you make six figs a year. |
Anonymous Coward User ID: 79321299 United States 05/04/2021 06:49 PM Report Abusive Post Report Copyright Violation | That yard is NOT unusual, and couldn't supply a large city let alone a single state. Why is it, maybe, just sitting there? Price changes or it isn't. It says it comes from Canada; so it could be pricing/dollar issues, could be customs issues. Who knows. Looks like much ado about nothing. Btw, I spent a few months trucking (per trip) 30,000 lbs, and once 45,000 lbs lumber from Bracebridge Ont to the North Eastern States. Their yard wasn't that big, but I was one out of apprx 200 truckers and most of those truckers left south carrying lumber, every week. meh. |
bruesw
User ID: 80103421 United States 05/04/2021 07:02 PM Report Abusive Post Report Copyright Violation | |
LobsterJ
User ID: 76763301 United States 05/04/2021 07:04 PM Report Abusive Post Report Copyright Violation | It has nothing to do with the pandemic. If there were real shortages, they couldn't do it because they wouldn't have lumber etc to sell and houses would not be being built. Instead they have lumber to sell and they are building and they are making big money. They are making big money from all the people who have had big gains in stocks for the past decade from QE and so don't care about the price of building a house anyways. But don't blame the lumber cartel etc in that it's not just lumber. Lumber is just the 'you can't miss it' sign of what is going on out there now. It's because of cryptocurrencies aka Bitcoin etc. All the smart people are grabbing all the cash they can to throw at crypto as fast as they can. It is incentivizing inflation as everyone who can raise prices are raising them to grab as much cash as they can to throw at crypto asap. Nobody wanted to see the supply chain raising prices so much for the past decade because it will have to mean the end of QE aka free money from the Fed. The Fed can't keep handing out free money if inflation gets out of control because inflation is the problem free money can't solve and instead makes worse. But the difference now from ten years ago is that crypto markets are now very well established and deep in terms of the money you can throw in and take out of them, and everyone smart knows about them. So now there is a growing stampede into crypto currencies, and the Fed has wanted to reduce QE for a while now, so people think all that QE will have to end anyway because of inflation, so they had better get with the smart herd and throw money at crypto or they will miss out. People are raising prices because there are a lot of rich customers who can pay, and they themselves want to buy more crypto to protect themselves from inflation, but raising prices IS inflation which drives even more people into crypto. It's a positive feedback loop and that means big things could happen quickly when thresholds are crossed. For now there are lots of Americans who are wealthy from the past decade of easy money and they can shrug off the price increases to keep this trend going, but ordinary folks will start to feel the pain more and more this year the more this trend continues. |
Anonymous Coward User ID: 80314711 United States 05/04/2021 07:04 PM Report Abusive Post Report Copyright Violation | NO QUESTION THIS IS A FABRICATED SHORTAGE TO INCREASE PRICES AND INCREASE PROFITS FOR THE GREEDY ANYTIME YOU HEAR SIMILAR EVENTS TODAY MORE THAN LIKELY IT IS JUST GREEDY INTERESTS INCREASING PROFITS AND RETURNS FOR GREEDY INVESTORS. |
SmoothSailing
User ID: 35509688 United States 05/04/2021 07:07 PM Report Abusive Post Report Copyright Violation | I've been hearing that the prices have gone up so much, that Building companies are either renegotiating building prices, or walking away. Quoting: Edmontonian Renegotiating prices sometimes 3-4 times as the price just keeps going up, and orders going unfilled. Members of my family own a building business. My grandson said he quotes a price to build a home for a client, and two weeks later, the prices go up. I have been in the construction business for over 25 years. Everything now has extended lead times; some building products are 20 to 30 weeks out. Lumber, Steel, Bathroom fixtures, Tile, Carpeting, Windows, etc. Many contractors are also having a very difficult time filling empty positions for various construction workers. Lack of supplies and lack of available workers will be bringing construction sites to a halt in some areas soon. Some of my projects are restaurants. I have clients who own numerous restaurants; they will be shutting down very lucrative businesses in beach town vacation areas because they cannot find workers. Last Edited by SmoothSailing on 05/04/2021 07:09 PM "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear." Marcus Tullius Cicero |
Anonymous Coward User ID: 79240480 United States 05/04/2021 07:10 PM Report Abusive Post Report Copyright Violation | Wish I knew how to post pictures on here. |
Anonymous Coward User ID: 76809044 United States 05/04/2021 07:26 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76809044 United States 05/04/2021 07:40 PM Report Abusive Post Report Copyright Violation | |
Saint Lance the Odd from BC
User ID: 77547432 Canada 05/04/2021 07:46 PM Report Abusive Post Report Copyright Violation | It's going gangbusters in BC...and we didn't get the massive price increase. If you are not busy weaving your own magick, you are trapped in anothers spell. “It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius |
Anonymous Coward User ID: 79017631 United States 05/04/2021 07:51 PM Report Abusive Post Report Copyright Violation | I never understood why commodity shortage translates to higher prices Quoting: vivian tzamis 80310370 Why would you pay more for a product-just becos the seller is taking advantage By agreeing to pay more for goods--you're encouraging price gougers & creating inflation If prices go up--dont buy A dollar saved is 2 dollars earned It's not taking advantage, all products worth is determined on faith of what the consumer will pay at any given moment (and obviously material, labor, etc). If 1000 towns need lumber and I've only got enough for 800, there's no reason not to accept the highest price per board foot, as regardless how it's split up, 200 customers are going to be unhappy. Your paying for the right to not be one of those 200 people, short on your material for a deadline and no available inventory date. In some cases, it's a matter of paying for convenience. In others, it may be costing money every day the required inventory is unobtainable. |