4 ms·
The problem with the US market isn't really any of that.. it's the extreme shortage of raw materials due to construction booms throughout the world, but particu
by stevehawk 5y ago
The problem with the US market isn't really any of that.. it's the extreme shortage of raw materials due to construction booms throughout the world, but particularly in the US because money is "free" (low interest rates). Lumber is at least twice the price it was a year ago, if not more. Cement is up (so concrete is up). Rumor is that China just cut off fiberglass shipments to the US so now a lot of other tangential goods are going to go up (showers, bath tubs, hot tubs, insulation, etc).
Great time to be a builder, bad time to need a building.
- lifty 5y agoOP did mention price inflation as one of the factors.