The talking heads say: Inflation other day was demand driven, plenty of supply now they say...now it is driven by upward costs of labor and all inputs! It will be here for a good while.
WTF! (what the flip) on plywood prices!!!
- Thread starter abdywgn
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Yep …simple economics like it or not .Yea there is a shortage of drivers, and they make good $ for a grueling job. BUT think about cost of fuel maybe.
Inflation? too much demand for too few goods (supply). How does energy (fuel) enter the equation? Drop price of diesel substancialy and watch the supply side improve. THere would no NO MORE goods, but their cost will be less.
Fed. raising rates every month to kill demand. Trying to reduce the stupid high inflation by killing demand. Kill demand and you kill the economy. Thus kill inflation.
The Fed? Rates artificially way too low for way too long. Fed. should have started raising rates a year ago when they claimed inflation was transatory. Yea right.
And so the pruc of plywood.
THis is NOT politics, it is simple economics.
IF political, just delete it.
Some administrations kept rates too low or implimented policies just to look good even though they were warned it could have disasterous effects down the road . Nixon was warned of this by his advisors and replied “thats their problem “.
And did you notice that fuel dropped right after the election?
Industries know that one party or the other is better for their pockets …. Problem is too few people own everything . That includes housing ! Investment companies buying up entire subdivisions and charging insane rents. That’s why little Johnny fresh out of high school needs $15/hr+.…$1400/mo for a 1 bedroom apartment out here and gas is still 3.90/gal for regular .
Dartswinger70
Well-Known Member
.my last big project was my roof but i bought the supplies just as COViD hit. so i made out good saved 10 grand.
Dartswinger70
Well-Known Member
I have had house hunters contacting me for a year and a half "wanting to buy my house" I said to the wife "we'll have a pile of money and not be able to find anything to buy that is even comparable to what we have now..." we decided to fix the place up and retire in it 5 years ago thing is I have to get to work. Roof done now I want to do the bathroom LOL!
The funny thing is, despite the huge increase in building materials there is also a high demand for new construction. Just finding a contractor is tough. Out of the 9 electricians I called, I only reached (or got a call back) from 3 of them. And they all told me the same thing, 3 weeks out at a minimum. My cousin is building a new house right now and the price per sqft is nuts!
jimjimjimmy
lobsterman
109 for a sheet of 3/4 marine plywood is a steel i priced 1/2 MG plywood 4 years ago where i live and was quoted 325.00 a sheet . the boat i was building required 12 sheets . i used Douglass Fir at 36.00 a sheet . oh ya that price was for 10'' sheets .
Go to a "board of trade" site and look up lumber in a graph shpwing the rise and falls. Here in SE Texas Piney Woods, the mills are just down the road and we live in a zillion acres of pine timber. I priced dimensional lumber a month ago, and retail runs about $200/thousand over Board of Trade $.
You guys are paying for trucking and what ever profit.
True.There is a housing shortage, as is there is a shortage of rental property. But, contractors can only buld so fast. True. Shortage of skilled labor, plenty of NON skilled labor. Anyone speak Hondurous?? (OK I can't spell nor can the puter). The yards here have been FULL of dimensional lumber all along.
We had a lot of pine die this year from dry weather and bugs so much that 2 months ago the mills STOPPED buying, thy had plenty for now.
Texas here never really stopped for Covid except in chit hole Houston. I take it back, the killers thieves, and etc kept working. Go figure??
You guys are paying for trucking and what ever profit.
True.There is a housing shortage, as is there is a shortage of rental property. But, contractors can only buld so fast. True. Shortage of skilled labor, plenty of NON skilled labor. Anyone speak Hondurous?? (OK I can't spell nor can the puter). The yards here have been FULL of dimensional lumber all along.
We had a lot of pine die this year from dry weather and bugs so much that 2 months ago the mills STOPPED buying, thy had plenty for now.
Texas here never really stopped for Covid except in chit hole Houston. I take it back, the killers thieves, and etc kept working. Go figure??
QuickBpBp
Well-Known Member
That plywood was Built Back Better just like everything else we are buying! Lol. Going to get worse as the market is tanking once again, interest rates rising and there is no one intelligent enough to correct course but some seem to enjoy the Titanic’s maiden voyage..
True. The average American, his saving is being depleated,or already is.. running credit cards to the max, interest rates on the cards and etc. going up and up.......recession coming in full force.... inflation is actually twice what the gov ment tell you...and it will come down a lot slower than it went up..real unemployment figures will eventually surface.
QuickBpBp
Well-Known Member
Don’t forget unemployment is rising and at Christmas time when normally it’s going down with all the hiring, retirement accounts lost 20-25% last two months.. No worries I heard that it’s just transistory…
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jimjimjimmy
lobsterman
a
a **** storm is brewing .Don’t forget unemployment is rising and at Christmas time when normally it’s going down with all the hiring, retirement accounts lost 20-25% last two months.. No worries I heard that it’s just transistory…
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