If this is the case, then lumber should be backwardated right now. checks the futures market And indeed it is. May trades 40% above Nov on CME. So if you wan

If this is the case, then lumber should be backwardated right now. checks the futures market And indeed it is. May trades 40% above Nov on CME. So if you want to buy a rural house, you can just....wait until a couple of years after the pandemic? I don't know why you would rush to build a house right now, unless you want to live in technocrat-favored places like Austin and Denver that are seeing demand creation due to permanent WFH among Big Tech companies.