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.
- posted
20 years ago