Posted by JD Seller on August 26, 2016 at 20:40:50 from (208.126.198.123):
In Reply to: Southern yellow prices posted by Al Baker(pumpman) on August 26, 2016 at 20:25:54:
Good lumber is not cheap. In the south you maybe able to get rough sawed yellow one but anywhere else it is going to be finished lumber. Your going to pay more.
Also we have had inflation over the last 8-10 years. The government has hidden that fact by changing how the formula works.
How can I make the argument about inflation??? My brother and I have been building duplex apartments for close to 15 years now. These are simple two family duplexes that we rent as part of our retirement incomes. We have done six of these buildings over that 15 year period. The design and building list of materials has not changed. The total cost has increased 2 1/2 times in that 15 years. The first two cost $40K for materials. The last one this spring cost $100K materials only.
So if you have not bought any lumber, like your currently wanting lately, then the price is going to shock you.
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