Lumber prices have tumbled 70% in the last 14 weeks as record-setting demand slows | |
Anonymous Coward User ID: 80699770 United States 08/14/2021 07:14 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 08/14/2021 07:15 AM Report Abusive Post Report Copyright Violation | The sawyers thought the Pandammit was going to kill demand, and they were wrong...add to that a severe labor shortage...Supply and demand at its worst...Panic is never an advantage... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 72586989 United States 08/14/2021 07:16 AM Report Abusive Post Report Copyright Violation | |
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User ID: 79662918 United States 08/14/2021 07:17 AM Report Abusive Post Report Copyright Violation | I would hope that this is a lesson for businesses, and they see the need to get back to having an inventory of raw materials, instead of the stupid "just in time" design... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
User ID: 79662918 United States 08/14/2021 07:18 AM Report Abusive Post Report Copyright Violation | There was a big demand, suppliers hoarded and kept supplies tight to drive up the price. Sat on it too long, now they gotta eat it. Quoting: Anonymous Coward 72586989 They did not have the materials to hoard... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
MrBlonde
User ID: 10443636 United States 08/14/2021 07:22 AM Report Abusive Post Report Copyright Violation | |
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User ID: 79662918 United States 08/14/2021 07:31 AM Report Abusive Post Report Copyright Violation | "We're out of the panic buying. We're out of the massive industry shortages. We're out of the extremes." Quoting: MrBlonde We’re out of money Who is out of money? The stock market is at all time highs, the government is handing out cash, the renters don't have to pay rent...The minimum wagers are making over $15/hr now, but the unemployment money keeps them at home...Fucking free money everywhere! I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
St. Pete Traveler
User ID: 80731652 United States 08/14/2021 07:49 AM Report Abusive Post Report Copyright Violation | |
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User ID: 79662918 United States 08/14/2021 07:52 AM Report Abusive Post Report Copyright Violation | There was a big demand, suppliers hoarded and kept supplies tight to drive up the price. Sat on it too long, now they gotta eat it. Quoting: Anonymous Coward 72586989 Exactly. Once their inventory starts to age, it will go down even faster. There is NO inventory! I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Limpan
User ID: 76068685 Sweden 08/14/2021 08:01 AM Report Abusive Post Report Copyright Violation | |
MrBlonde
User ID: 10443636 United States 08/14/2021 08:03 AM Report Abusive Post Report Copyright Violation | "We're out of the panic buying. We're out of the massive industry shortages. We're out of the extremes." Quoting: MrBlonde We’re out of money Who is out of money? The stock market is at all time highs, the government is handing out cash, the renters don't have to pay rent...The minimum wagers are making over $15/hr now, but the unemployment money keeps them at home...Fucking free money everywhere! Not everyone jumped on the gravy train taking “free money.” There’s quite a few, whether it’s pride or people who just don’t want to be part of the destruction of their own currencies. The unemployed and minimum wagers don’t buy lumber. And all the middle class that do, already built their new decks. 2020, the year of the great home renovations! |
MrBlonde
User ID: 10443636 United States 08/14/2021 08:05 AM Report Abusive Post Report Copyright Violation | |
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User ID: 79662918 United States 08/14/2021 08:06 AM Report Abusive Post Report Copyright Violation | |