3 ms·

Anecdotally this is happening. Lumber at Home Depot is scarce. I know people leaving Bay Area, Philly, and Richmond. In the case of Richmond, the protests contr

Anecdotally this is happening. Lumber at Home Depot is scarce. I know people leaving Bay Area, Philly, and Richmond. In the case of Richmond, the protests contributed. I get the sense that many of the families leaving were planning to leave eventually in the next few years anyway. In America, it is very common for couples to start in cities, and then move out before child 1 goes to school. This situation is accelerating that process.

maxerickson 6y ago
Uncertainly isn't doing the supply chain any good either, so I wouldn't assume that demand is the only contributor to scarce lumbar at retail.
no_one_ever 6y ago
Are people really leaving Richmond over protests? I understand maybe those up along Monument Avenue feeling a little unsafe but things have noticeably died down. The city is already (what I see) fairly priced compared to others. You might not be able to land that nice Monument Avenue mansion for cheap, but all of the surrounding neighborhoods have stuff going for ~$300K.
duxup 6y ago
" Lumber at Home Depot is scarce." I suspect that's more ... home projects with folks stuck at home / out of work.
JoeAltmaier 6y ago
Things are different all over I guess. Our lumber stores are well-stocked where I live in the Midwest. Also the Asian market had flour in piles of huge bags, when folks were making a run on the regular store. So I have flour with Asian writing on the bag. They sell masks at store entrances now for 50 cents. No shortages to speak of. Eggs just went on sale $0.69 a dozen extra large.
Kye 6y ago
I doubt the people who build homes buy their wood at Home Depot. That would be needlessly expensive for someone who can justify buying it in bulk. Home Depot is where you go for a little wood to patch up your porch or build a shed.
yardie 6y ago
In my small group of friends this has been the case. They were already looking at moving out of condo or apartment and into a home. COVID may have sped that up. At the same time I'm 4 months into quarantine and I'm looking forward to going back to the office. Working from home is a nice option, but a mandatory requirement is not the same.

maxerickson 6y ago

Uncertainly isn't doing the supply chain any good either, so I wouldn't assume that demand is the only contributor to scarce lumbar at retail.

no_one_ever 6y ago

Are people really leaving Richmond over protests? I understand maybe those up along Monument Avenue feeling a little unsafe but things have noticeably died down. The city is already (what I see) fairly priced compared to others. You might not be able to land that nice Monument Avenue mansion for cheap, but all of the surrounding neighborhoods have stuff going for ~$300K.

duxup 6y ago

" Lumber at Home Depot is scarce." I suspect that's more ... home projects with folks stuck at home / out of work.

JoeAltmaier 6y ago

Things are different all over I guess. Our lumber stores are well-stocked where I live in the Midwest. Also the Asian market had flour in piles of huge bags, when folks were making a run on the regular store. So I have flour with Asian writing on the bag. They sell masks at store entrances now for 50 cents. No shortages to speak of. Eggs just went on sale $0.69 a dozen extra large.

Kye 6y ago

I doubt the people who build homes buy their wood at Home Depot. That would be needlessly expensive for someone who can justify buying it in bulk. Home Depot is where you go for a little wood to patch up your porch or build a shed.

yardie 6y ago

In my small group of friends this has been the case. They were already looking at moving out of condo or apartment and into a home. COVID may have sped that up. At the same time I'm 4 months into quarantine and I'm looking forward to going back to the office. Working from home is a nice option, but a mandatory requirement is not the same.