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Grandpa
 
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Default Why wood prices are going up

Saw a piece on TV last night where the price of wood (ply/OSB etc) is
going sky high because the Fed Gov is buying huge amounts to do some
rebuilding in Iraq. They showed a guy here (Albuquerque) who was adding
a room, old cost $14k, new cost with wood prices going up, $20k. They
interviewed a contractor who also verified the huge price increases in
the wood he's purchasing to build homes. Mind you, NOBODY has said
anything about any sort of shortage (which there will not be). They
said the 4x8 sheet of what they called 'wafer board' that cost $7 last
month was at $20 now and still climbing. I may have to hold off
building the storage shed I'd planned on doing. WTF is wrong with this
picture.

 
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