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Treated 2x4x8 = $9.97

Maggot

Maggot

"For we wrestle not against flesh and blood"
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Minuteman
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    • Jul 27, 2007
    26,513
    30,812
    Virginia
    #1
    A year ago they were 4 bucks. Heres some explanation. Note about 60% of the way through the article about all the ones who are sitting at home collecting un employment rather than working. Where can I sign up?

    Man, I feel for the contractors who bid those huge projects a couple years back and are having to pick up the difference today.

    Why are lumber prices surging? And when might they come ...​

    https://www.kentucky.com › business › article251474348



    17 hours ago — The cost of building a new home, for example, is up by about $36000 on average. ... Why do lumber prices keep soaring? ... We lost a large paper mill down in Tennessee because of the demand for office paper, those kind of ...
     
    #2
    It's never made sense to re-use lumber with a bunch of nails in it before. It sure does now. I've had a guy at $150/day. Just pulling nails and stacking lumber and cutting bad ends off. We have quite a pile of 2x6's clean and ready now. Probably about $300 labor to "get back" $1200 in Lumber...
     
    • Like
    • Wow
    Reactions: Hobo Hilton, camocorvette, KZP and 8 others
    #3
    BuildingConceptsllc said:
    It's never made sense to re-use lumber with a bunch of nails in it before. It sure does now. I've had a guy at $150/day. Just pulling nails and stacking lumber and cutting bad ends off. We have quite a pile of 2x6's clean and ready now. Probably about $300 labor to "get back" $1200 in Lumber...
    Click to expand...
    Ill pull nails for only $149.95, where ya located?
     
    #4
    I saw a news clip about the lumber issue, and it stated that just the rough lumber to frame a 1500 sq ft house was around $14k, and now at $29K. SIL is just starting a new house over 2k sq ft, so I can hardly wait to hear her complain about stuff, even appliances are hard to get these days according to the news, so it will probably be a year long project. :unsure:
     
    • Like
    Reactions: diverdon
    #5
    Maggot said:
    Ill pull nails for only $149.95, where ya located?
    Click to expand...
    :)

    I'm just helping a guy out to start over and get some money. I don't actually have a way to correctly pay guys without work comp and gen liability. All of my guys are required to carry it. This is just a one off to help a friend of a friend out.

    I'm in B-ham AL though
     
    #7
    JimTN said:
    I saw a news clip about the lumber issue, and it stated that just the rough lumber to frame a 1500 sq ft house was around $14k, and now at $29K. SIL is just starting a new house over 2k sq ft, so I can hardly wait to hear her complain about stuff, even appliances are hard to get these days according to the news, so it will probably be a year long project. :unsure:
    Click to expand...

    It's not just lumber but that's about right in terms of the math. All of my houses are fairly large high end ones so our framing packages are anywhere from 30k - 60k. MORE than a year ago. And 10k -15k more than. In February
     
    #11
    Wait.....aren't all these policies designed to help the middle and bottom classes out....you know create opportunity....help them get a head in life.......over come the "Americans are struggling...." reality these people currently in charge tell us about?

    Its almost like the exact opposite is happening.....like its by design.......like they want to create more struggling and less independence.

    Weird.
     
    • Like
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    #16
    Price of stock just went up
    186489959_10218215255389975_296426554490728757_n.jpg
     
    • Haha
    • Like
    Reactions: Dunraven, Snuby642 and Frgood
    #18
    Interestingly, hardwoods are not showing anywhere near the price increases that the construction softwoods are. Nor are softwood stumpage prices up. It is a very complex market right now.

    Hardwoods - no one wants solid wood furniture anymore. Give me the Chinese crap with 1/16" veneer. I don't care that it falls apart in 5 yrs.

    Stumpage prices - I don't think there is a wood shortage, but a mill shortage. Plus a bunch of mills went off line following the initial response to COVID, thinking demand would go down not up. It will be important to watch if any of the big mill cos. put in additional capacity. I think they all are worried today's prices are temporary and if they chase them, they will get burned in a few years.

    Certainly if inflation stays hot, interest rates will go up. Rates go up and house affordability will sink, which in turn will depress lumber demand and with it price.

    This is the wonder of capitalism: the cure for high prices, are high prices. And the cure for low prices, are low prices. Supply demand hence balanced.

    Please US Fed Government: let the free market work its magic.
     
    • Like
    Reactions: camocorvette
    #19
    I work as a PM on large construction projects and not only is the price of materials skyrocketing but delivery dates are months out. Steel joists have more tan doubled and with a 9 month ETA on top of that. Stainless steel has doubled and good luck trying to find sheet goods. Projects are being postponed or cancelled since they don't pencil. Residential will come to a stop in the next couple of months as cost escalates compounded by interest rate hikes which should be expected if inflation continues to bear it ugly head. If housing goes in the tank so will the economy. I lived through the Carter train wreck and think with the dumpster fire administration in DC it will be worse.
     
    • Like
    Reactions: camocorvette and tomcatmv
    #21
    KML7201 said:
    I’m having a house built now. Fortunately for me, I signed a contract in September that locked my price in. My contractor can’t be happy.
    Click to expand...

    Be very careful. Your contractor could sub out to inferior subs so he can still make a few dollars. If what I heard is true, the average price increase to build a house is $36,000. That's more than his usual profit margin. He's going to have to find ways to make it worth it to build your house.
     
    • Like
    Reactions: Holliday
    #26
    thestoicmarcusaurelius said:
    This is exactly what the issue is. The US has massive amounts of timber ready to be harvested but the mills are already being strained beyond their max capacity.

    The “experts” think we are short about 7 million single family residential homes, as far as current inventory

    this is even more true for starter homes as millennials are finally getting tired of living in a tiny apartment or mom’s basement and can afford homes now at their age

    Even at 1.5 million new residential homes per year, that’s already over capacity of what the existing mills can produce.

    Don’t see this getting any better in the next few years unless the fed raises interest rates.

    Low inventory and low interest rates is going to equal high demand and high prices

    this is all for single family residential

    I don’t see commercial ever recovering to where it was at its peak
    Click to expand...
    Where do you see that much single family residential? What Im seeing is mostly apts/townhomes/condos for the new serf/servant class that is being groomed to obey. Dont want to let them actually own property. The homes that are being built are all identical on 5000ft/sq lots that might as well be condos.

    Or palatial estates for the ruling class.
     
    #29
    ZiaHunter said:
    I work as a PM on large construction projects and not only is the price of materials skyrocketing but delivery dates are months out. Steel joists have more tan doubled and with a 9 month ETA on top of that. Stainless steel has doubled and good luck trying to find sheet goods. Projects are being postponed or cancelled since they don't pencil. Residential will come to a stop in the next couple of months as cost escalates compounded by interest rate hikes which should be expected if inflation continues to bear it ugly head. If housing goes in the tank so will the economy. I lived through the Carter train wreck and think with the dumpster fire administration in DC it will be worse.
    Click to expand...
    Ha;

    Joists and deck 4x pricing last year at this time, and delivery April of 2022, here in the Mid-Atlantic region.
     
    #30
    Guy just left my house to give me a quote on a small retaining wall 40 ft long x 2 ft tall. He said the company he works with has stopped making certain colors of block and orders are 8 to 10 weeks out.

    Is it even possible to have that much building going on?
     
    #31
    For years, I'd worked maintenance in a sawmill in Northern B.C. and we produced an average of 300,000 FBM a shift. Half the time I worked there, the mill ran 3 shifts. That is a LOT of lumber.

    Much the same as the majority of sawmills in Canada, you AmeriYanks have only to look at Interfor (an AmeriYank company) for the reduced supply as well as the increased cost of lumber. They moaned and wailed that 'they' couldn't get the trees as cheap as we Canuckistanians could, so therefore the market was 'rigged' and we had to charge more to meet you'se guys's abilities.

    Isn't it wonderful? Aren't things SO MUCH BETTER NOW?

    Yeah, I got hugely hit by the conflict of the "Softwood Lumber Agreement" and all the asininity that ensued there. Guess what? The forests are still standing there.... the sawmills are still sitting there,,,, the employees are still living there (mostly)... just producing 1 shift a day, and quite often it is only on a 4 day work-sharing week.

    But, But,,,, but.... Interfor needs its governmental assistance doncha'know?

    This is one precise example of "be careful of what you wish for"...... and it's been coming for over 20 years.

    Edited to add:
    Maybe, one or two of you will be aware of "Finlay Premium" dimensional lumber. It had a name, and was even singled out by Bob Vila in the show "This Old House". That only came from one location in the country, of which there were 2 sawmills both owned by the same company. But I digress.....
     
    • Like
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    #32
    I work on large commercial construction projects and have seen the escalation of materials typically used on those types of projects skyrocket into almost unimaginable levels. Structural steel has gone from roughly 2500-2800 a ton installed, to almost 8k. Estimating and budgeting now is almost embarrassing because the market is so volatile. Something has to give.
     
    • Like
    Reactions: camocorvette
    #34
    I talked to a logger friend the other day and asked if their profits were up since the lumber prices had skyrocketed... Nope! He said the lumber yards were making a small percentage more than before, but not nearly the increase that Lowes, Home Depot had increased prices. They are selling logs for roughly the same as usual.
     
    • Angry
    Reactions: Sean the Nailer
    #35
    thestoicmarcusaurelius said:
    This is exactly what the issue is. The US has massive amounts of timber ready to be harvested but the mills are already being strained beyond their max capacity.

    The “experts” think we are short about 7 million single family residential homes, as far as current inventory

    this is even more true for starter homes as millennials are finally getting tired of living in a tiny apartment or mom’s basement and can afford homes now at their age

    Even at 1.5 million new residential homes per year, that’s already over capacity of what the existing mills can produce.

    Don’t see this getting any better in the next few years unless the fed raises interest rates.

    Low inventory and low interest rates is going to equal high demand and high prices

    this is all for single family residential

    I don’t see commercial ever recovering to where it was at its peak
    Click to expand...

    Based on wiki I fall into the millennial group, just sold my second home to some old lady who couldn’t afford it and had to borrow money from a bank to buy the place, took the old bat months and months to close, frankly home ownership is vastly overrated outside of having tons of land in BFE for shop space, a strip, dirt bikes, shooting, etc, or in the rare case of a good investment property IMHO.
     
    • Like
    Reactions: camocorvette
    #36
    Single family rental housing is where it's at. Pick your tenants wisely and it's cake. I've got one family that has been in a house for more than 8 years. A little maintenance and I'm good to go. BTW, never had a tenant only rent for 1 year and then leave.
     
    • Like
    Reactions: camocorvette
    #41
    Be sure to check your homeowners policy, full replacement may be to low, just checked mine on a 6mo old house, I could not come close to replacing it for what the policy limits were. Checked with the builder it would be $60,000 more to do the same house today it was completed the end of October 2020
     
    #44
    pmclaine said:
    Wait.....aren't all these policies designed to help the middle and bottom classes out....you know create opportunity....help them get a head in life.......over come the "Americans are struggling...." reality these people currently in charge tell us about?

    Its almost like the exact opposite is happening.....like its by design.......like they want to create more struggling and less independence.

    Weird.
    Click to expand...
    Struggling people are easier to control than people who feel secure and independent. It's all about control of the masses.
     
    • Like
    Reactions: camocorvette and Jscb1b
    #46
    Was going to replace a fairly good size (20x50) 30 yo deck this summer. Now, nope.

    Instead, I will make some repairs and replace the more problematic decking. Hangers/joists appear to be mostly solid but a few of the top edges are a bit soft from dry rot.

    Maybe sand it down to refinish and remove all previous coats of stain...

    I dont have a large sander...been looking at the makita 11A 4x24 belt sander for 280.00 bucks. Any thoughts on sanding?
     
    #47
    OldSalty2 said:
    Was going to replace a fairly good size (20x50) 30 yo deck this summer. Now, nope.

    Instead, I will make some repairs and replace the more problematic decking. Hangers/joists appear to be mostly solid but a few of the top edges are a bit soft from dry rot.

    Maybe sand it down to refinish and remove all previous coats of stain...

    I dont have a large sander...been looking at the makita 11A 4x24 belt sander for 280.00 bucks. Any thoughts on sanding?
    Click to expand...

    You have to countersink EVERY SINGLE nail, which in itself is a job all to it's own.
     
    • Like
    Reactions: MarinePMI
    #50
    BullGear said:
    You have to countersink EVERY SINGLE nail, which in itself is a job all to it's own.
    Click to expand...

    Yep, thats already done for the most part. A few stragglers here and there...

    The makita looks pretty good, should cut material pretty quick with 80 grit. Figuring i would probably need to rent a large sander for multiple days, might as well buy one...
     
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