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Price of lumber 2021

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I would imagine it's just going to go higher with Elon coming to town and others to likely follow.
Tesla has 8 million square feet under construction now. Apple has 3 million, with Samsung still on the drawing board. The housing boom looks to be a vacuum, sucking up all available lumber, PVC, sheetrock, etc. We're looking for a nice rural location with an RV garage!!!
 
We had a house locally that had a bidding war started when they put it on the market. The buyer paid $100k more than the asking price! This is exactly the kind of stuff that happens during a housing bubble right before the bottom falls out. It happened in 2007. It took the stock market down with it.
It also took down the RV market, look at the history of RV business ownership.
 
T1-11 siding went from $29 to $49 at Lowes.

Sanded 4x8 plywood is now $86 a sheet here; $95 over on the Oregon Coast.
 
2 x 4 x 8, 9 dollars. WTF
 
I'm in Oregon, I'm buying a chainsaw!
 
Amazon says you already have two of everything! :ROFLMAO:
 
2nd chain saw ordered!
 
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OH that's right the panels are cheaper than the wood.
 
Before shtf and I sold the farm I had bought a chain mill for custom lumber. I couldn't part with it so it's still in the box in the garage of my rv alongside my chainsaw.

But then I'm weird like that. I dragged out my weed eater Thursday morning and took care of my small patch of grass/weeds around my lot.
 
Interesting story about the lumber industry

 
Thanks...that WAS a good article on our current lumber crisis. Now I know why Jim (Small RV park) has his own milling setup ?
 
Looking at the chart, lumber futures moved sharply lower this week. Could this be the end of the bubble?
 

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