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>Everyone started canceling building orders last spring when lockdowns started. Mills started scaling back. And then the box stores started selling lumber for home improvement and homeowner projects at an unprecedented rate. And then home building came back online as people fled urban areas. Supply lagged behind a little.

>Mills are taking advantage of every excuse they can with muh COVID to keep production low so they can keep charging record rates for lumber. I work on the log supply side of forestry and while delivered log prices have risen somewhat, they are not anywhere near in line with what mills are now charging for their products. They're posting record profits each quarter and very little of that value is making its way through to log suppliers, loggers, truckers, or private forestland owners. They've had a year to figure out their faux production woes and patience throughout the rest of the industry is wearing thin. I'd imagine other sectors of the homebuilding industry are in a similar situation.

>There is also a general shortage of loggers and truckers in many regions. Those sectors of forestry have not recovered from the spotted owl / NEPA fuckery and the 2008 recession and they probably never will. Mills have virtual monopolies in most places and can dictate prices at will. Loggers barely squeak by when prices are lower and since they're not getting a piece of the market when it's hot, there's very little incentive to invest in more equipment or add crews.

>Also, hyperinflation from printing trillions of dollars.

>>Everyone started canceling building orders last spring when lockdowns started. Mills started scaling back. And then the box stores started selling lumber for home improvement and homeowner projects at an unprecedented rate. And then home building came back online as people fled urban areas. Supply lagged behind a little. >>Mills are taking advantage of every excuse they can with muh COVID to keep production low so they can keep charging record rates for lumber. I work on the log supply side of forestry and while delivered log prices have risen somewhat, they are not anywhere near in line with what mills are now charging for their products. They're posting record profits each quarter and very little of that value is making its way through to log suppliers, loggers, truckers, or private forestland owners. They've had a year to figure out their faux production woes and patience throughout the rest of the industry is wearing thin. I'd imagine other sectors of the homebuilding industry are in a similar situation. >>There is also a general shortage of loggers and truckers in many regions. Those sectors of forestry have not recovered from the spotted owl / NEPA fuckery and the 2008 recession and they probably never will. Mills have virtual monopolies in most places and can dictate prices at will. Loggers barely squeak by when prices are lower and since they're not getting a piece of the market when it's hot, there's very little incentive to invest in more equipment or add crews. >>Also, hyperinflation from printing trillions of dollars.

(post is archived)

[–] [deleted] • 7 pts

Good post. The lumber industry isn't the only greedy industry that has take advantage of the Plandemic, which is why the elites have added billions to their fortunes, while small businesses have suffered and prices across the board have risen so dramatically.

[–] • 2 pts

Thanks. Someone else wrote it but I thought it was excellent too.

[–] • 1 pt

I'm a little torn on this- yes, there is clear greed here.

However, the lumber industry was so threatened by the plandemic, that I have trouble blaming them for doing what they had to do in order to stay in fucking business. It's easy to blame the lumber industry, but it makes more sense to blame the (((outside forces))) who drove the industry into a corner using unconstitutional mandates which crushed the construction industry for over a year now.

The people who demanded and the people who enforced the lockdowns are responsible for this. Lumber industry is just capitalizing on the opportunity that our kike overlords presented them with. This opens the door for questions about corruption- any major donations from lumber companies to certain politicians? "We'll shut everything down for a year, drive lumber prices up by 30,000%, all you have to do is play along and fork over 10% of the extra profits, goy. It's either that, or shut down entirely, there's a virus, don'tcha know?"

[–] • 3 pts

In Idaho, several major milling and timber investment company executives were on the governor's COVID advisory panel. The (((industry))) helped keep lockdowns going, at least as far as they were able to in Idaho, and also profited from the partially artificial lumber scarcity.

[–] • 3 pts

92 fucking dollars a sheet for plywood.

[–] • 2 pts

I was wondering why 2x4s were so fucking expensive.

[–] • 1 pt

A buddy of mine that works in the industry claims that the entire thing is a bunch of bullshit. That they could fill the demand no problem, but that just like with diamonds, it is in their best interest to never fully fill the demand.

[–] • 1 pt

Throw in government paying people more to stay home than work, and money printing checks for people to go on spending sprees with, also those rotten loans to businesses that got massively abused. Lots of money chasing limited product.

[–] • 1 pt

I'm hearing that builders cannot find laborers. They are making more money on COVID welfare.

[–] • 0 pt

More likely, the laborers are gravitating toward off-the-books work, making some cash money while also drawing Covid Pay.

[–] • 1 pt

Pretty sure they were already off the books.

[–] • 0 pt

This seems to contradict your own suggestion that covid bucks are leading to a labor shortage. If the laborers are all off the books already, then they are probably not getting unemployment checks (and the covid bucks that go along with it), so they're not disincentivized from working.

[–] • 0 pt

Stop buying it. Over supply, price drops. Most businesses will sell at a loss if they're oversupplied, especially if it's a perishable good.

[–] • 0 pt

Even if you or I stop buying it that wouldn't effect the price one iota. That's just not how markets work.

[–] • 0 pt

You and I, sure, you me and 100,000 more people...

[–] • 0 pt

Why are 100,000 other people going to do what you say instead of what they are going to do anyway?

Isn't this the epitome of keyboard warriorism to sit here online and imagine markets are going to change because you said to? Or imagine that they will change because I agreed?

People are gonna do what they're gonna do. Judging from the way things are going, that means buy overpriced lumber.