One for the Builders out there

[Islandboy]

Don’t know about the rest of the world, but in the US this currently sits on the threshold between being funny and being true...

 

[griller]

Hilarious!!! 400% increase in lumber prices from a year ago will do that, LOL. Builder (and their clients) are getting murdered here in TN, and I can only imagine how bad it must be in Maui. You could go broke without an escalation clause in the contract...

[Islandboy]

Surprisingly, the pandemic has had a very strange effect here on Maui - starting a year ago, anyone with money suddenly wants to relocate from their CONUS city dwelling to here. As a result, the housing market is through the roof, inventory at an all time low, and high-end residential projects are booming. As a project manager working for a GC, my head is spinning on a daily basis. An evening cigar really comes in handy in times like these.

[LLC]

Lumber and other commodities are part of the reason the Canadian dollar has increased 15% against the US dollar in the last year.


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[WLC]

I bought a sheet of 7/16 OSB about a month ago and paid $44. Was in home depot today and the same sheet was $68.