Lumber prices..so what’s next? Thoughts?
Obviously the lumber prices have gone through roof which correlates to housing construction costs. So how are people going to try to cut cost of building homes? Are they going to look for traditional alternatives to cut down on cost like brick/stucco/hardie/vinyl instead of a wood based exterior, tile instead of wood floors, etc. ??? Or is there other materials that can be used? I know we will still be using wood for most construction. At this time, lumber it is still the most cost efficient but who is to say someone doesn’t discover a more cost efficient way. Personally I see brick being used more in new construction on single family homes.
I am not an expert in this field by any stretch and not looking to give any financial advice. Just want to know what the community thinks.
Bonus points if find the puns in this post.
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May 25, 2021 at 09:33AM