Lumber & Paint prices - Out of Control?

[TheGrayRider]

Has anyone attempted to purchase lumber lately? Wow. The prices are astronomical compared to a few years ago. Feels like I’m buying silver bullion instead of basic, wet, green softwood.

Also, the price of house paint is through the roof. And we don’t have inflation around here???

I’m undoubtedly missing something...

 

[Deleted member 28227]

Has anyone attempted to purchase lumber lately? Wow. The prices are astronomical compared to a few years ago. Feels like I’m buying silver bullion instead of basic, wet, green softwood.

Also, the price of house paint is through the roof. And we don’t have inflation around here???

I’m undoubtedly missing something...

I feel like its everything right now...

Anything to do with home building/renovation/appliances
Guns/ammo
Bikes/skis/anything outside
Anything related to working out.
Anything related to cooking, including food, all the stores around us are 50/50 on having 2% milk on any given day
Shortage on stuff that comes in aluminum cans

Honestly I think it would be a much shorter list of things that there are too many of right now.

Colorado elk tags are the only thing that comes to mind.

 

[rwc101]

Yep. Been that way since the pandemic started. I made a crushed rock/gravel patio area after being quoted $17 per 2x4 when planning a deck.

 

[BigHornRam]

Tesla is having trouble getting car parts.

Tesla shuts down Model 3 production line for 2 weeks amid chip shortage

Tesla is shutting down a Model 3 production line at the Fremont, California, factory for two weeks amid an industrywide...

electrek.co

Got wood?

I do.

 

[np307]

If you think it's bad now, you should've seen it over the summer.

 

[CUElk]

Has anyone attempted to purchase lumber lately? Wow. The prices are astronomical compared to a few years ago. Feels like I’m buying silver bullion instead of basic, wet, green softwood.

Also, the price of house paint is through the roof. And we don’t have inflation around here???

I’m undoubtedly missing something...

Yep. Most of the contractors here can’t accurately quote jobs because materials aren’t available and what is available they are seeing price increases about every 2 weeks.

went to the store yesterday to get a little trim paint and a few supplies, normally $50 purchase, cost me $80. Insane. Hopefully manufacturing can catch back up with demand at some point this year. May be next year.

 

[rwc101]

Tesla is having trouble getting car parts.

Tesla shuts down Model 3 production line for 2 weeks amid chip shortage

Tesla is shutting down a Model 3 production line at the Fremont, California, factory for two weeks amid an industrywide...

electrek.co

Got wood?
View attachment 175605
I do.

Do you make live edge slabs or does it all go to dimensional lumber?

 

[D4570]

HUMM let's see.
Maybe if we stop more timber sales and close the border to Canada...
I don't know how your surprised.
You do know about the Keyston, right? I wonder what that will do?
Time to get involved and do something rather than wine and cry.
Sorry, it just stiped out.

 

[Shangobango]

My question is, specifically to lumber, will the prices retreat at all once the supply chain gets sorted out?

I have a major home renovation in mind but if I can wait a year or two and get a better price on materials I will.

 

[BigHornRam]

I went to a big rv place the other day to look at 2021 r pods. Guy said they ordered 60 and factory is only giving them 4. Shipping price has double because according to the salesman the manufacturing company can't find anyone to hire. Unemployment is too lucrative right now. Sad.

 

[BigHornRam]

Do you make live edge slabs or does it all go to dimensional lumber?

Both. Live edge gets more money and is less work.

 

[BigHornRam]

My question is, specifically to lumber, will the prices retreat at all once the supply chain gets sorted out?

I have a major home renovation in mind but if I can wait a year or two and get a better price on materials I will.

I think this is a huge bubble that can't sustain itself. I would wait. Time will tell.

 

[Shangobango]

Sure wish I would have bought a couple of Random Length Lumber contracts back in October.

 

[BigHornRam]

Sure wish I would have bought a couple of Random Length Lumber contracts back in October.

View attachment 175606

HUGE bubble........

 

[Shangobango]

HUGE bubble........

Yup. I may sell a couple of contracts on the way back down and pay for my renovation lol.

 

[SO7mm]

My question is, specifically to lumber, will the prices retreat at all once the supply chain gets sorted out?

I have a major home renovation in mind but if I can wait a year or two and get a better price on materials I will.

I would think it will come down some once things get back to normal. It may not happen until money gets more expensive to borrow and the housing market slows down.

 

[Trial153]

I have a 1500sqf addition that have plans stamped and drawn up for that I put on hold because of material costs. Not sure how long the wife will let me hold off.

 

[Art Vandeley]

Just went and check prices today as I have a project in mind. $25/each for an 8’ 2x12.
Sheesh

 

[Falcon75]

There goes my idea of shooting wooden bullets to get around the ammo crisis.

 

[huntinsonovagun]

OSB was around $8/sheet a year ago and it was $32/sheet just a few weeks ago. It’s crazy!! Haven’t noticed any major increase in paint prices around here.