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The lumber shortage only lasted a few months, right? https://fortune.com/2021/07/26/lumber-prices-bubble-cost-wildfires/ https://fortune.com/2021/07/26/lumber-p
by sp332 5y ago
The lumber shortage only lasted a few months, right? https://fortune.com/2021/07/26/lumber-prices-bubble-cost-wildfires/ https://fortune.com/2021/07/26/lumber-prices-bubble-cost-wil... says it's over.
- xienze 5y agoI’m not an expert on the subject but I imagine lumber that builders buy is bought in terms of futures contracts. So whatever you buy today at a low price won’t actually be delivered for several months.
- bombcar 5y agoLumber is still $7 a stick (2x4 x 8ft) at Home Depot around here - about 3-5x what it was before.