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704

(post is archived)

[–] 2 pts (edited )

Mills are making a retarded amount of money. Log prices are pretty high right now but they haven't been tracking the insane LPI. There's a lot of mills out there so the situation doesn't seem too bad, but once you factor in the logistics of actually getting logs out of the woods, there's really just a bunch of local near-monopolies which are long-term products of the loss of so much of the logging/milling infrastructure from 2008-12 and earlier as a result of the kiked ESA and NEPA process. The SBA rules funneling relatively cheap volume into "small business mills" aren't helping anything either.

[–] 2 pts

So it sounds like it's more "we can charge you more because we can charge you more" than any kind of demand outstripping supply?

[–] 1 pt

They're definitely pushing the limits with how much they're charging for a unit of lumber and not doing much to increase supply by not passing a relative portion of that price on through to the timber producers / loggers / truckers / etc.

[–] 1 pt

"Capitalism"

[–] 1 pt

Yeah my kid had to hit pause on his new home.

[–] 0 pt

Ouch. Here's to hoping the prices ease up.

[–] 1 pt

Yeah, a sheet of plywood is over $35, insane.

[–] 0 pt

For the days when we used to buy the stuff for temporary weekend projects only to tear it down and burn it as firewood the next weekend...

[–] 1 pt

Yep, I have a bunch of remodeling on hold until lumber prices return to sanity.

[–] 1 pt

I don't blame you for that. Buying at the peak of the market is insane, especially if it's something that can be postponed for a while.