Why the cost increase?


I went to buy materials for a speaker project. I also priced some T-111 siding on 8" centers, 5/8 thick, Ship lap.
I hadn’t picked up any sheets or anything in over 18 months.

48" x 96 x 5/8 wood siding was 19-26.00 and on sale 15-20.00 per sheet, NOW 74-84.00 per sheet.

MDF 3/4" 48 x 96" if you can find it. 45-55.00 per sheet it was 22.00 to 27.00 per sheet.

2x4x8 DF stud grade 1.99-3.00 per. Now 4-6.00 per stud,

There is no shortage but there sure is a LOT of price gouging. NOTHING changed. Just the price..

The quality is worse. The workers aren’t paid worth a crap...Why the increase?

I’m getting ready to finish my home out. WOW.. I might have to rethink this a bit..

The price all most tripled in 12-18 months.. This kind of stuff is NOT cool at ALL.

Just my opinion of course. Any projects you’re doing get put on hold or STOPED?

YES I’m very frugal. Money never came easy, and it leaves the same way..

oldhvymec

Showing 1 response by tk21

Covid seems to be a big factor behind recent inflation in general .  Business shut down or scaled back as people began staying home and demand decreased (along with the number of available workers).  More recently, consumer demand has picked up, but supply chains remain disrupted.  Low supply + increasing demand = higher prices.

As for lumber in particular, see:
https://www.npr.org/2021/07/08/1013819703/what-the-rise-and-fall-of-lumber-prices-tell-us-about-the-...