Quote:
Originally Posted by stampsx2
What does everyone think is driving this market? I have a hard time believing it’s all pent up demand.
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Building materials are sky rocketing in price too, a combination of lost production capacity, high demand, and lack of inventory at wholesalers. Normally the need for home builders to keep building puts some downward pressure on prices, but margins on a $8.00 2x4 have got to be a lot better than margins on a $2.50 2 x 4, it changes the math on how many houses need to be built and at what price.