Lumber Prices Record Biggest Weekly Drop Ever

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Lumber prices haven't been adjusted to the lumberjack's salary I'd bet they haven't noticed any increases. That's the way things work. A couple of posts refer to the housing bubble of 2008, there were homes listed on Ebay selling for $50,000 that are now worth 5 times or more than that amount. If we'd only bought then and sold now...
 
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Rooster1971

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Now the lumber prices need to drop some more to a reasonable $300 to $400 per 1000 board foot!
Considering only a handful of companies control the supply of lumber, I doubt we will ever see prices that low again. I hope I’m wrong. Make you wonder if the supply was artificially exaggerated recently.
 

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