Why is the prices on everything going nutz?

griffin86 said:
It’s crazy how much demand there is for building materials. The one lumber yard usually sells 4-5 semi loads of decking a year. This year they sold 28.

The Americans are buying like crazy. Houses only last on the market for 12-24 hours. There probably is going to be another housing bubble in the States.
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I have jobs waiting, but no lumber available... The mills can't keep up with demand, but that is mostly playing catch-up due to a two month Covid closure... As a result the spike in demand has driven the prices through the roof.
 
hoytcanon said:
But the retailers are replacing the powder at post-Covid pricing... They are simply passing on the cost to us... Their mark-ups have not changed (in most cases).
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You think what you want but the last Alliant powder shipment showed up at the same time and was priced from 52-65
 
griffin86 said:
It’s crazy how much demand there is for building materials. The one lumber yard usually sells 4-5 semi loads of decking a year. This year they sold 28.

The Americans are buying like crazy. Houses only last on the market for 12-24 hours. There probably is going to be another housing bubble in the States.
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The Americans are buying houses like crazy to escape the urban centers. The same thing is actually happening in Canada, although it's to a much lesser degree. I'm not sure the US will have another housing collapse, they de-leveraged a lot after 2008. Canada didn't. We are the ones headed for the housing bubble/collapse.


honz said:
While my comment is quite ass-talky on this subject, I feel the volume of spending this year has yet to be fully realized.
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The full ramifications of all the money printing and shutdowns are still months if not years away... The govt clearly thinks the second wave will be real and this winter is going to suck. It's why they are pivoting away from any big "new plans" with the throne speech. Apparently now it's just going to be about surviving the covid winter and nothing overly new. Probably more money printing, financial programs, and other interest relief type stuff... the ramifications will hit hard when this all starts to get rolled back. When will that be? Hard to say, could be a full year.

So yeah, prices are going up lol!
 
Supply & demand.

Many manufacturers were hit with temporary closures or ongoing measures that limit productivity & output. What supply there is is now subject to a much more restrictive environment logistically and being a comparatively small and dispersed market doesn’t help.

Demand is up because the government put hundreds of thousands on a forced vacation, threw hundreds of billions of dollars into the mix, rock-bottomed the interest rate, and allowed mortgage deferrals. If people were smart they’d be building highly diversified savings, but as shown time and again most aren’t. Give people time & money, they spend it.
 
Reno's and backyard home projects skyrocketed when people were home and no vacations to spend money on. In this area, there is a 6-8 month wait for hot tubs now, used to be 2 weeks.
 
The local sawmills up here are shipping everything they have to the states. about a doz. truck loads a day are loaded onto to rail cars in town here daily, all going south. Mean while the local lumber yards are out of stock on a lot of materials and cannot get more in the foreseeable future. What they do have cost approx 3 times more than it did pre covid. I have heard no reasonable explanation as to why. Try to buy a deep freezer, there like trying to find hens teeth. Could not get a freezer locally so we went to Winnipeg, same issue no body had new stock, ended up buying a used on off a fella. I was in the local Stihl dealer a couple weeks back. He also sells Husky and Suzuki products. He he was sold out of almost everything and cannot get more stock. There certainly seems to be lots of money floating around and changing hands despite the high unemployment.
 
blargon said:
Reno's and backyard home projects skyrocketed when people were home and no vacations to spend money on. In this area, there is a 6-8 month wait for hot tubs now, used to be 2 weeks.
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That's what we are seeing here too. Homeowners have been watching too much DIY TV and seem to think they can convert their home into a palace with little more than sweat equity.
 
If Trump loses the election, watch the economy go to Hell in the USA, then watch the price of all commodities we rely on sky rocket out of control.
 
buck knife said:
From guns to ammo,it's gone nutz,last year a box of lever ammo at my local shop was $43.95, now it's $71 lol.im talking increases on some guns of $200 ,what gives?I know things go,up,but who is out there buying all this stuff at these ridiculous prices?Im glad I teload and don't need to buy any guns ,thank god I'm not just getting into it.
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Google ........... Supply & Demand
 
LeadMonkey said:
Umm... is this a serious question or satire?

You do know the world as you know it ended long ago and we are in the middle of a global reset?

One that has the potential to result in Civil War across the world and cost the lives of hundreds of millions if not billions of global citizens.

Lead bullion and small arms will be at LEAST 10x the price by 2021 if their are even shops standing to sell them.
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There are a lot of dumb Americans but when I go on CGN I think there's just as much of them right here.
 
hoytcanon said:
One sheet of 7/16" aspenite pre-Covid = $14
One sheet of 7/16" aspenite now = $38

Hard to convince customers of the necessity for jacked up quotes without showing them the material invoice... I almost choked on my last material order...
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My area cant even get pressure treated lumber. Im glad i bought majority of what i needed a few months ago
 
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