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Wood price Update - 7-26-21


new2woodwrk

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On 7/29/2021 at 11:13 AM, oldhudson said:

This is NOT hyper inflation. What's the interest rate on a house today? Something like 2%. When I bought my first house '72 we paid 15.5%!!!! That's inflation.

No, it is not hyper - but it is up 3 1/2% since January and expected to reach 5 by October!

Mortgage Interest rates are also on the rise - I believe you'll see actual backlash if it hits 10 - unlike the 70's where nothing was done

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I had to make a quick purchase of 2 sheets of 1/8 inch bb ply and a sheet of 1/4 inch bb ply this morning. I called a wood shop over in Lubbock, TX and the prices was still about the same as a year ago or maybe a little longer. the total price  for the ply came to $56.50 but the shipping from there to here at Alamogordo, NM was $63.00!  Now thats bad when the shipping is more than the product! That's the problem I have about living here in the desert southwest, either take a road trip or order the wood! One is about as expensive as the other!

Erv

 

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