Primitive Archer
Main Discussion Area => Around the Campfire => Topic started by: BowEd on May 25, 2021, 05:16:29 pm
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I just bought a 1" by 12" eight feet long for shelving for Robins' canning jars.It cost $29.50.Outrageous!!!!!
Looks like I'll be getting lumber from my Amish friends' saw mill in the future.
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I think that would have been at least $20 at Lowes here when I last checked a few months back. It is pine I take it. What price is it normally for you?
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2 tears ago it was $13.00.4' by 8' 3/4" treated plywood is $120.00 a sheet.Used to be $30.00.
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7/16 osb sheathing of all things is right at $50 a sheet here. Was the cheapest sheet material you could get for sheathing. I needed 6 sheets of it and wound up getting 3/4” because it was $10 a sheet cheaper as if that makes any sense at all. Just built a small 10’x12’ goat barn as cheaply as I possibly could and have $1700 in it. Last spring the same barn would have cost me right at $700 to build going off of lumber receipts I have from then. An 8’ 2x4 stud is $8 for crying out loud. It’s nuts.
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I hear ya Morgan.I'm glad I got the extra construction already done on my place,but I've always had thoughts of making a heated bow making shop.I could tan hides in there too.
It's not only lumber that's sky rocketing in price.
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It's not only lumber that's sky rocketing in price.
What else are you referring to, labor, furs, gas, or everything?
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Gas and food too.Not generally everything,but that could happen too.We'll see.It might be different demographically in some parts of the country.I'm just speaking locally here.Parts suppliers have shortages for business owners and independent businessmen like farmers.
Fur has taken a hit long ago and never fully recovered.
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I saw that the lumber price gouging had raised the construction cost of an average house up 36K.
My son's house in Austin has jumped from the $550K purchase price to over 900K in the last year because of the deep pocket refugees from California and the lumber price.
I don't buy much lumber but my bee trap material (doug fir 4X4X8) from HD jumped from $12 to $20 in the last year.
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YUP, 2 by 4 here in Michigan is $10.00. I stopped by a garbage bin in front of a guys house the other day and tossed a bunch of scrap wood in my truck. I lost my pride in 67 while in the Marines, lol
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Don't shoot, but I thought is wasn't so much gouging as excessive demand and short supply, I wonder if the suppliers have really increased their margin much, I understand a lot of the mills shut down for a while.
Remember the food and TP shortage a year ago? When a lot of the meat processing plants where down a lot of livestock was thrown out last year.
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Don't shoot, but I thought is wasn't so much gouging as excessive demand and short supply
Yep. There is no such thing as gouging, just markets at work balancing supply and demand.
We are in the middle of building a house at the moment. On April 1 when we finalized the contract 2x6x9ft studs were $16 each. Last week they were $23. Last summer I bought 3/4" spruce construction grade plywood for $46/sheet. It is currently $102 and there are quantity limits on buying at the local Home Depot. Crazy times we live in.
Mark
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Yep, yankees movin in here too. Flush with cash from left coast and NE home sales. They were crushing old homes but now the old lumber is so pricey they scabbing it out! Stud, rafters , joices! Worth 10$ for a wall stud for good stuff if you yank nails. Not hard as they were put in with a hammer. Use to trac how them down throw in dumpster. Not anymore, worth it to pay 3 mexicani’s to tear it out and demail it. Seasoned wood, good.
HH~
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The supply is no short at all. The main lumber suppliers are price gouging and holding warehouses full of stock piled to the ceilings. It’s all BS. There is no shortage. The suppliers are all in it together to raise prices because they know the demand for construction is up. They should be prosecuted for price gouging.
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holding warehouses full of stock piled to the ceilings
That's a pretty serious claim to be making without giving any evidence. Competitive markets just don't work like that, you can't coordinate every lumber supplier in the country, if what you said was true any one supplier could make a huge profit by selling it all at slightly below market price, so all of them would try that and the price would drop.
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Not sure where this is going but don’t look to be heading in a good direction, the thread I am talking about, so please don’t let this get out of hand 😉 Thanks Pappy
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They should be prosecuted for price gouging.
There is no such thing as price gouging in an open market. If you don't like the price, don't buy it.
Competitive markets just don't work like that
I see at least two of us understand basic economics. :OK
Mark
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Virtually all materials to make 'stuff' are rising by about 20 - 25% over here......that is serious stuff. Nothing to do with supply and demand.....
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As usual, it's not either or. Some higher demand than expected, some monopoly by large corporations, some money gouging by retailers, and even some consumer hoarding going on. “Adapt or perish, now as ever, is nature's inexorable imperative.” I would look into unseasoned lumbers at local sawmills. But I only plan to build a shed and basement shelves.
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Last year at the end of April I applied and got hired at a big home improvement store. The hot item for people was privacy fencing material. Treated posts and planks were "unobtanium" at any cost for a while and people were not happy about that.
Same store one year later, materials are in stock and people are unhappy about the cost.
If ya want to flaunt your wealth, shoot a box of 9mm shells into a plywood target... ;)
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There is no such thing as price gouging in an open market. If you don't like the price, don't buy it.
Mark
consider also, the open market includes some speculators
https://www.thebalance.com/the-pros-and-cons-of-speculation-in-commodity-futures-808944
Its taking a bit for the logging industry to catch back up to the mill reopenings, some places more than others.
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consider also, the open market includes some speculators
https://www.thebalance.com/the-pros-and-cons-of-speculation-in-commodity-futures-808944
It sure does and they can cause some wild price swings over the short term. Still not gouging, however.
Mark
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Being in construction for 40 years I've seen stuff go up and down. Always a reason. Plant burnt down, Ice storm, supply chain, markets and my favorite Tariffs. No different than gasoline. I was going to rebuild my deck and put up a new fence this year. Guessing it's only the fence.
Thanks Leroy
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Last year at the end of April I applied and got hired at a big home improvement store. The hot item for people was privacy fencing material. Treated posts and planks were "unobtanium" at any cost for a while and people were not happy about that.
Same store one year later, materials are in stock and people are unhappy about the cost.
If ya want to flaunt your wealth, shoot a box of 9mm shells into a plywood target... ;)
Not when someone is asking $24 for a 100 ct package of small pistol primers! >:D >:D. That is gouging. Big time!
Hawkdancer
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I went to an estate sale of items from a retired person going into nursing home facility.Some very well kept items there.Lots of guns,reloading supplys and eqipument,and ammo too.The fella was pretty well armed.Bullets were outrageously priced.Guns went for a premium also.Glad my supply is in good shape and like Paul I don't shoot my ammo indescriminately.Not like when I was a kid.
At least with a bow and arrow most times you can retrieve your arrow....ha ha.
A used stand up freezer went for over $1000.00.It seems because new ones are'nt available or way too expensive.[I've never checked out buying a new one though].
I bought am 8' aluminum step ladder for $50.00.
Went to a chain saw supplier and they can't get bars for chain saws.
What does all this mean?A combination of a lot of things like scp said.People are scared.Hoarding amoondo.People are'nt working.Supplys are indeed down in some areas.Business's are being opportunistic even with supplys available.These are all facts.
Speculators or paper shufflers as I call them have been around for half a century and all through my farming career.These middlemen are indeed price gouging or manipulating the market.Same with meat processing plants.These people trim the fat off of all commodity items.It's legal yes,but is it right?You'd have to be in the business of raising commodities to really understand.
As for me I'll hunker down and be as independent and self doing as I've always been.Glad I'm retired though.
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Not when someone is asking $24 for a 100 ct package of small pistol primers! >:D >:D.
Just how much are spent 9mm shells running for these days? I got a few last year for arrowheads, but if they are worth more than judos now I may do some swapping...
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Even during normal times estate auctions have been a disappointment for me, people go crazy bidding, I guess it's the gotta' win syndrome. I sat all day waiting on some 4' tractor implements, (tiller, bush hog) to be auctioned off, they were the last on the list, stupid people bid them up over new price.
I sat at another just out of curiosity because they had some beat up old 22 rifles up for auction, they went for over what a modern made new one in the same style sold for, the ones being auctioned were at least 50 years old.
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I've had my best luck at farm sales,but it can get out of hand there too sometimes depending on the item.I'll keep going to them though.If there's an outside chance for a buy I'll be there.
Some people are funny.My neighbor has a round 1/4" rod paneled ear corn corn crib standing with trees a foot thick growing in it.These storage cribs have been outdated for decades.I have taken many of these down for free in the past for use as fencing and reused it.I offered him $50.00.He won't take the bait.He has no plans for it.It is an eye sore.So it is with people.
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Some types of lumber has gone up nearly 400% last I heard.