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So I bought some 2x4 8' studs this weekend...

DoogieMcDoogersonDoogieMcDoogerson Member Posts: 2,495
in Tug Tavern
They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.
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  • PurpleThrobberPurpleThrobber Member Posts: 44,742 Standard Supporter
    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    Doing a construction project at the palatial lodge - fuck me. The estimate came back almost 60% higher than in October and that's not entirely due to change orders. Contractor called and said he had to re-bid because material costs have gone up so much.

    Shutting down the supply chain will do that.

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  • Bob_CBob_C Member, Swaye's Wigwam Posts: 10,863 Swaye's Wigwam
    Inflation is 2%.
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  • PurpleThrobberPurpleThrobber Member Posts: 44,742 Standard Supporter
    edited April 2021
    Bob_C said:

    Inflation is 2%.

    sure.gif

    And Covideo-19 killed the influenza star.

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  • doogiedoogie Member Posts: 15,072
    It’s almost as if more money, free money chasing the same goods causes prices to rise.
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  • SledogSledog Member Posts: 34,394 Standard Supporter
    One of the big builders here in Lefties stay the fuck out land is charging 403.00 a sqft for new construction. Almost 4x what it was 4 years ago.
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  • Bob_CBob_C Member, Swaye's Wigwam Posts: 10,863 Swaye's Wigwam
    doogie said:

    It’s almost as if more money, free money chasing the same goods causes prices to rise.

    Chasing less supply in many micro instances. Inflation is out there in many unexpected cleverly hidden ways as well. Sizes of consumer products shrink in size to hold price or expand existing products to low utility or unneeded features to justify price increases.
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  • creepycougcreepycoug Member Posts: 23,633
    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

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  • creepycougcreepycoug Member Posts: 23,633
    Sledog said:

    One of the big builders here in Lefties stay the fuck out land is charging 403.00 a sqft for new construction. Almost 4x what it was 4 years ago.

    So the problem's been getting worse over the last 4 years?
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  • WestlinnDuckWestlinnDuck Member Posts: 15,648 Standard Supporter
    creepycoug said:

    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

    Actually, Trump is not as guilty as anyone. Trump's proposed second stimulus was half that of the final Dem bill. That's an extra trillion that gets printed. The lockdown was all Fow Chee, a complicit MSM and dem governors. Drove by the soccer fields on Saturday and watched second graders playing with phucking masks on. Geezus.
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  • DoogieMcDoogersonDoogieMcDoogerson Member Posts: 2,495
    creepycoug said:

    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

    You've been whooshed.
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  • creepycougcreepycoug Member Posts: 23,633
    edited April 2021
    DoogieMcDoogerson said:

    creepycoug said:

    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

    You've been whooshed.
    Oh. You were kidding. Understood. Surprising since I've been told that defense is not admissible in the Tug.
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  • DoogieMcDoogersonDoogieMcDoogerson Member Posts: 2,495
    creepycoug said:

    DoogieMcDoogerson said:

    creepycoug said:

    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

    You've been whooshed.
    Oh. You were kidding. Understood. Surprising since I've been told that defense is not admissible in the Tug.
    Even Doogie gets to have fun from time to time.
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  • GreenRiverGatorzGreenRiverGatorz Member Posts: 10,165
    WestlinnDuck said:

    creepycoug said:

    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

    Actually, Trump is not as guilty as anyone. Trump's proposed second stimulus was half that of the final Dem bill. That's an extra trillion that gets printed. The lockdown was all Fow Chee, a complicit MSM and dem governors. Drove by the soccer fields on Saturday and watched second graders playing with phucking masks on. Geezus.
    Trump signed the largest stimulus ever until Biden told him to hold his beer. Trying to give him a pass for that reckless spending is partisan dipshittery, of which you're quite adept at.
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  • GreenRiverGatorzGreenRiverGatorz Member Posts: 10,165
    DoogieMcDoogerson said:

    creepycoug said:

    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

    You've been whooshed.
    Very subtle since the regulars pounced on it with no hesitation
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  • greenbloodgreenblood Member Posts: 14,505
    edited April 2021
    Supply and demand. New Home Construction is at a ten year high. Combine that with people using stimulus money for home improvements instead of vacations, and you have a large shortage of lumber.

    I was looking to extend my attack floor for storage, until I saw the cost of 1/2" plywood sheets. I'm going to wait until next year
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  • DoogieMcDoogersonDoogieMcDoogerson Member Posts: 2,495
    GreenRiverGatorz said:

    DoogieMcDoogerson said:

    creepycoug said:

    DoogieMcDoogerson said:

    They were almost $8 bucks a board. This is Joe Biden's economy. Boards were a third the price under Trump.

    I don't mean to get in the way of your fun, but this is not a nearly perfect explanation. Lumber prices began increasing in Q1 2020. Then COVID happened and they dropped sharply in April - a very temporary state of affairs. Then with unprecedented increases in demand in the repair/remodel market in the spring, prices began to take off and have been climbing since. The free money for buying houses Americans can't afford has certainly helped that along, and here we are. The largest producers of wood products file these reports with the SEC where they not only provide their financial results for the prior period, but they explain the economic drivers and context of that performance and discuss expectations in this thing called Management's Discussion and Analysis. Here's where you can find them: www.sec.gov

    You can find a lot of things to fault with Biden; this isn't really one of them. Wood products are commodities and their history is one of boom and bust. We're in boom right now, and that didn't start 2021. Trump publicly shit a chicken when the Fed even hinted at a rate hike. He's as guilty as anyone with the money printing press.

    You've been whooshed.
    Very subtle since the regulars pounced on it with no hesitation
    Probably says more about what people feel about my opinions than about themselves. Oh well. Doogie gonna doog.
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  • SpoonieLuvSpoonieLuv Member Posts: 5,459

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  • creepycougcreepycoug Member Posts: 23,633
    SpoonieLuv said:


    THIS is the kind of inflation I worry about. Belongs on the Finance board IMO. @RaceBannon ?
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  • TurdBomberTurdBomber Member Posts: 19,985 Standard Supporter
    edited April 2021
    One good thing about living in a city full of liars and financial retards is that I've already experienced most of this inflation with a $19 per hour average minimum wage ("hazard pay," you see), thieving teens and twenty-something Antifa types along with homeless drug addicts stealing our grocery and drug stores blind. Add skyrocketing insurance premiums for all the left and destruction, and we've seen inflation and cost-of-living increasesof about 10% per year for the last 5 years. Don't forget those property tax increases and bullshit like "democracy vouchers."

    Amazing how a progressive city that whines constantly about an "affordability crisis" can't take its foot off the very accelerator that's causing the COL to skyrocket.
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