Talk of The Villages Florida - View Single Post - Homes selling like hot cakes
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Old 07-15-2021, 06:06 AM
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Default Lumber Prices

Quote:
Originally Posted by Woodbear View Post
If they gave it to us, I would be much inclined to spend it elsewhere on the build. If the savings are kept, we will be disappointed for sure. The way limber is crashing its spot price may be at 1/4 of what we saw in May.
I get it, but in the villages almost all the newer homes are cement block construction any how. Only the inside walls and trusses are wood. That said, construction materials made for other things have been hit by the inflation bug.

In the long run, I don’t really see prices going down much or at all. Maybe they will stabilize? You see, it isn’t some kind of financial bubble as much as it is supply and demand. When the supply does catch back up, how hard do you feel demand will effect the market? Prices won’t be dropping quickly or hard. In fact, we could be on the cusp of inflation, then all bubble theories are garbage.