There are a LOT of these type vids showing the BS narrative of Lumber shortages. Nothing short of market manipulation to drive up prices, most notably homes. Why Homes? Part of the American dream is to buy a house. Can't do that if they're priced out of the average middle class incomes: look at California where you pay $500k for a damn shack.
Do some investigating.
Here's a primer: https://www.youtube.com/watch?v=9nW4drJW37U
There's also no chip shortage. Everything is manipulated to inflate prices
Came here to say this. We are desperate for chips in my industry. I originally bought the company’s explanation on why they are so short, but I’ve been questioning how a few weeks of downtime could cause the INSANE shortages we are seeing not and how no one saw this coming a year ago…I just don’t buy anything anyone mainstream says anymore.
no steel shortage either, I would guess the prices are inflated. Certain sheets of steel/aluminum are over $100 higher than what I was paying for in oct/nov
grocery stores like Kroger like to claim "shortage" on all sorts of items. they have been doing this for years. I've found it was due to not getting a price they want so they would just sell out and claim shortage until they had to buy.
They've been doing this for the last year with meat and other items while every other store has no issue having these items in stock.
Yep they want to tank the housing market .
House prices are going up. So if you bought a bunch of houses you can then sell them and make a fortune. The question everyone should be asking is which one of these rich cabal dickheads owns a ton of property... and then watch to see when they start selling... because not long after they have sold everything they will flip things the other way making house prices fall.
Buy low, sell high.
Bill Gates? Owns a ton of land + divorce.?
If people actually read the Constitution and enough took action, property taxes would be stopped. They are unconstitutional. Stop that shite and watch the corruption stop in towns & cities. They are killing "homeowners" with taxes which they have no right to assess. The actual costs of running a town, bare bones and properly spent, would be minuscule in comparison.
Funny you mention that last part. My parents’ homeowners insurance just increased $1000. The insurance company blamed it on the price of lumber, too.
Time to find a new insurance company. Way too expensive
“You will own nothing, and you will be happy about it”
No coincidence that the same country that started this Covid nonsense has the same citizens buying up US land and homes in droves for pennies on the dollar
They started doing that immediately after the bank bailouts for the last manufactured crisis. Watch the end of "The Big Short", these people are flat out fubar.
I’ve got a surplus of wood.
Thats what caitlyn jenner said!
Barry gets all the wood he needs from Big Mike
?
Supply and demand. Disrupt the supply: fuel increases, worker shortages, supply lines crippled in many ways. Increase the demand: driving suburbians out, flooding the real estate market while simultaneously driving prices thru the roof with their wealth making it a seller's market. People with a plan left the plagued areas re-settling elsewhere and lots of new construction as a result. It's like this with every aspect of life involving money or business, or even PROGRESS!!! :(
Same for the company which makes (or one of) the chemical (ACQ?) used to pressure treat plywood. I noticed this a year ago when I ordered a lot of PT for a fence I was building. Thankfully I got it all delivered before the prices skyrocketed.
It’s definitely a supply and demand problem
https://m.youtube.com/watch?v=Ei14ks5ggGo
Here in the south where we just had hurricanes last year, they raised prices for everything needed to repair or replace fencing, roofs, gutters, ect... and all companies that do these types of work also raised their prices because they could & because they were so busy after the hurricanes. Before hurricanes last year, we had a bunch of big branches cut from one big tree in front yard, and had another large (one tree split into two large trunks) totally removed from between our house and neighbors for $1,000. Now that big tree in front yard is slightly leaning after hurricanes, we asked same person who did the trees before how much to cut down that one tree, they said $2,000. Well it’s still standing because we can’t afford that. We needed lots of fencing replaced & both our gates. We can’t afford to have someone replace them so husband has been slowly doing it himself, we still have one whole side of fencing to replace but he just hasn’t had time. He just rigged it the best he could for now, our pups have some peek a boo areas to see into neighbors yard, lol. It cost us $400 for two small pieces of gutters to be replaced over our front door entry, because neighbors tree dropped huge branches down on them. It took about 4 companies giving us estimates & not wanting to do the gutter job because it was too small a job, before we found someone willing to do it.
I was flooded out in SE NC by Hurricane Flo. in 2018. All building materials have been rising in this area since then. Between all the hurricanes, floods in the midwest, and fires in the west I am not surprised by the rise in wood and other building prices. Plus many people are moving out of their liberal areas and either building or buying homes. If they buy an older home many will remodel it to their liking. And then we have so many people adding on or remodeling their homes during COVID.
Exactly right Swimkin!
I live near a lumber processing plant and never have I seen the yard as full as I have just yesterday driving by. Crazy amount of ready to cut logs and stacks of finished cuts as far as I could see. I am not a lumber expert, just know what I see so pardon any improper terminology.
Also like the artificial nursing shortage, doctor shortage, engineer shortage, etc. manipulation to be able to import more foreign workers. The only real shortage is the number of people willing to take the COVID shots.
I live in Southern Oregon and I am seeing more log trucks on the road than I ever have. Local mills can't find enough employees and the ones that are working are working OT
The santiam canyon fires created a ton of salvage trees. Combined with lack of CDL drivers and electronic log books going online means a huge shortage in transportation. Fuel delivery companies are offering $35/hr for qualified drivers. DMV playing covid games is partly at fault also.
Oregon DMV is a joke. Bought an older car in Feb. Sent in all the paper work to Salem with payment. Still not heard back from them. Driving on expired tags like alot of other folks
If you ever want to hear a deep dive on all things lumber, check out "Uneducated Economist" on YouTube. The guy works in the lumber industry and has the same intelligent insights on all things lumber.
I have land with pine and poplar on it. Had a logger come out to give me a price, said he can’t use any of it right now, he has too much pine and poplar on hand as it is
He didn’t want them at all. He said he was only looking for maple and oak
So what’s going on?
Well the lumber companies must be paying good money for trees. I live in a rural area and a pig farm out back had quite a few acres of trees (mostly large southern pine) which they have been cutting down. Large tractor trailers have been filled and have been hauling large loads of trees out of there.
I feel sad for all the wildlife (deer, etc) that lived in those woods.
Don't feel sorry.
The reason the pines were there, and the reason they will be back, is because wood is valuable.
Was told that the average new house build cost an additional $24,000 due to increased lumbar prices. YIKES!
Yep a builder told us recently that prices to build homes have went up 30% in the year already.
Just like the BS pipeline hack... just another lie to inflate the price of gas - just in time for sumner travel.
notice all the "proof" you have is stacks of LUMBER, not SHEETWOOD.
there is a OSB and plywood shortage, not a lumber shortage.
you need both to build a house, so the stick lumber stacks up while the sheetwood gets backlogged.
most of our sheetwood comes from canada, canda had much worse covid restrictions than we did.
the sheet wood mfgs here in the states are cranking out OSB and plywood as fast as they can, they are working overtime because they are able to charge a lot for their product right now so it encourages them to get while the getting is good.
their only option being to expand and build new mfg facilities and hire more workforce.
problem there is by the time this boom levels out, they're stuck with a facility they don't need and all the extra costs that go with it.
so they're just gonna let it ride.
all the workers get overtime, all the owners make fat bank, and they'll keep going as is till the demand drops off.
also plastics got expensive because most of it comes from texas oil refineries and the deep freeze screwed that all up. not to mention the huge demand for all that plastic once people had to start replacing all their froze/busted plumbing.
Just like the coin shortage a few months ago? A lot of places had signs asking you to pay with credit card or exact change. I treated those signs like I treat the mask signs. Ignored.
Food and pretty much everything else is regulated when there is an emergency, wood isn't....
It's price gouging, plain and simple, no other reason...
In Canada.... Lots of wood, yet..... The bs is immense.
The point of it is to make the democrats look retarded. Just go with it, it is working.
My understanding is sawmills are closed because they don't have employees. People are getting unemployment and stimulus payments from the Fed. They are getting as much as they make working. So why work?
Housing in utah has gone tits up... It's stupid.
China the world's No. 1 consumer of it is buying it up
Toilet paper is going up as a result
I'd guess the same goes for guns and ammo. I get that covid set gun manufacturers back, but all manufacturers of guns and ammunition are claiming that they're running full shifts and still it's damn near impossible to get a gun or ammo even if you special order. Either Uncle Sam placed a HUGE order in February/March 2020 (which is still being "fulfilled") or someone is being told to limit sales to consumers. Or both. At this point there should be no excuse why we aren't back on track with supply lines.
Yup. I took pictures of the massive stacks of lumber positioned behind my local Lowe's just 2 days ago. Ive never seen this much lumber backed up.
I think someone is trying to get us to believe in scarcity again, when in reality, we life in a post-scarcity world.
I spoke to the owner of a lumber supplier. He says it’s pure profit. No price increase in raw material. “Once in a life time opportunity “
I’d just like to know how the actual logistics of that work. Do the CEO’s of the lumber mills get threatened if they release out into public? Is there some other means by which they aren’t allowing them to disperse it? How do so many mills comply? How is this carried out?
There is a lumber depot in Vermont getting lumber from Canada just loaded with lumber for over 1/4 mile stacked just sitting there probably enough to stock all of the shelves on of half of the country.
Me thinks it’s more to do with inflation. Check out the prices of Pokémon cards lately
Check out graphics cards
The "reason" I heard for the graphic card shortage is that people have bought up all the better ones to mine for bitcoin. Seems to me they would start making cards for that exact purpose, but whatever.
Why would you use a graphics card to mine. Wouldn’t you be using the best CPU and RAM. Maybe a server with dual CPUs and such?
cpu mining hasn't been profitable in years
Honestly neither has GPU mining (bitcoin), but other shitcoins are still profitably mined with the very best cards.
Like computer parts graphics cards?
i seen video of trains full with lumber just sitting
Absolutely fren. Source = financeer / economist cutting his teeth in 2008.