When its cheaper to buy a trailer than pay for lumber....

[GON]

 

[SwampSurvivor]

I saw one where someone made a porch out of a pontoon boat. That's what I would need for my yard

 

[Zaedock]

The guys with home saw mills are styling right now.

 

[wpod]

The consumers are being raped. And seemingly seem to be enjoying it.

 

[KGMtech]

I agree that consumers are being raped, I refuse to rebuild one of my decks until this BS is over. To buy now sends the wrong message,

 

[SeaJay]

Trailers are now in short supply at many dealers, prices have for those they do have for sale as a result.

 

[kschauweker]

 

[zzyzzx]

Barn find:

 

[4wd]

View attachment 57867

Could be downright handy on the Gulf Coast

 

[mrsilv04]

7/16" OSB is $55 a sheet here. I'm not sure how anyone is building a house, or adding on to a house.

What concerns me is this insane jump in home prices. If it doesn't last, then people who are buying now are going to be so badly upside down in a few years, that they'll just walk out of these houses and let the mortgage company and the banks have them back. Then the banks and mortgage companies will be in huge trouble. We saw this very same thing happen in 2008-09.

 

[supton]

I suspect lumber prices will drop, maybe even to pre-pandemic prices, as they can just keep cutting now. One fluctuation of the economy and there will be a glut. But home prices, I suspect they have just ratcheted up to a new level.

 

[RhondaHonda]

What concerns me is this insane jump in home prices. If it doesn't last, then people who are buying now are going to be so badly upside down in a few years, that they'll just walk out of these houses and let the mortgage company and the banks have them back. Then the banks and mortgage companies will be in huge trouble. We saw this very same thing happen in 2008-09.

Lending qualifications are quite a bit more stringent than back in 08-09. I am afraid we are getting to a new normal with house prices.

 

[IndyIan]

Lending qualifications are quite a bit more stringent than back in 08-09. I am afraid we are getting to a new normal with house prices.

Housing and real-estate seems to be sort of a inverted market, as its getting more expensive to build over time, lots of places have no shortage of land, and more people are able to work from anywhere, plus automated cars are not far away allowing longer acceptable commutes... I guess 3d printing may eventually lower building costs, but who knows when that will be.

 

[snarl]

 

[zzyzzx]

Lending qualifications are quite a bit more stringent than back in 08-09. I am afraid we are getting to a new normal with house prices.

Incomes don't support housing prices. I.E. - unless people are getting raises (they aren't) housing prices will have to come down. That and eviction moratoriums should end eventually.

 

[tiger862]

Lol

 

[GON]

Incomes don't support housing prices. I.E. - unless people are getting raises (they aren't) housing prices will have to come down. That and eviction moratoriums should end eventually.

Or they simply sell their California home and move to Utah, Idaho, Arizona, or Colorado. That seems to be a huge market driver in those four states- Californians emigrating with lots of profits from their home sale. Simply take Californians out of the Utah single family home market- prices would likely fall 30-50 percent. That crazy.

 

[Kestas]

My neighbor had his house reroofed. The decking needed to be replaced, which cost more than the 50-year shingles.

I saw fence sections on craigslist being sold for less than the lumber is worth. It had lumber I needed. It sold quickly.