Lumber prices plunge, Sherwood Lumber COO explains what's driving the decline
submitted 2 years ago by Zapped from (msn.com)
[–]Zapped[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 2 years ago (0 children)
I see lumber prices dropping as other things are still hard to source. That, with the news that interest rates may soon be on the rise, make it seem like things are getting more back to normal. The lockdowns caused the "Great Depresson of 2020" and I feel like we're in for an extended period of growth. Of course, there will be some hiccups as the economy balances itself out.
I'd like to hear some other views on this, especially people like me who've been around long enough to see these cycles.
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[–]Zapped[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)