So our typical project cost of lumber previously was about 2-3 mil. Right now that cost is 2.8x higher.
It has put many projects of ours on hold, so I am sure its doing the same across the country.

This post was edited by theCrossbones on Jun 1 2021 10:27pm

I'm not surprised. Many of the developers in my area are passing the price on to the consumer. Still requiring a lottery to buy a house in new communities etc. It's like feast or famine right now if youre looking to buy. Can't compete with California money though.

It worked fine before Biden f'd it up - take your n00b goggles off, libturd.

Ya WA has sustained the real estate boom. The cost of not only building but buying single family houses are skyrocketing




capitalism was fine, then just broke in the last 5 months?

The response is always the same why don't "YOU" produce the services and or the products and make them available/affordable for the rest of the people?

The answer is usually autistic screeching. Seriously though entitlement is running high when people expect things from others what they cannot or do not provide. Hence the attraction towards social/communist dogmas.

Agree timber and most of the building materials have gone up 2 fold since covid. A lot of money floating around and they all want to build houses and drive luxury cars. The entire industry is in much better demand of materials then it can provide. Hence the prices you want a nigma at the start of ladder season at when the demand is high you pay top dollar you plebs should know this very well by now.


This post was edited by addone on Jun 1 2021 11:20pm

It's actually scary. I know that people here will laugh and make jokes, but if it happens with lumber and meat....what happens when it becomes something of critical importance? A case of water at Sams Club is $3.49. Imagine if water prices went up ASAP overnight.

businesses cant hire, we cant produce enough meat, and our govt is buying oil from iran. 80+ million privileged lefties wanted this due to their poor emotional state, so the rest of us just have to deal with it

Bingo

When you encourage foreign powers to hack your companies by encouraging ransoms and cancel gas pipelines you raise the price of gasoline.

When you raise the price of gasoline, you raise the price of trucking which raises the price of everything that is trucked (meat).