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
Oh BS, Hoffa was on one side, and Elvis on the other, of Marilyn Monroe.

JFK was in close third..

and no Paul in NOT dead.. :-)

Regards
Almost certainly a bubble caused by speculators.
All markets are like this - driven by greed on the upside.

Don't worry, as soon as one speculator thinks the price will fall, he will sell.  Other speculators will see he has sold and they will sell.  Soon they will all try to sell, driving the price below where it started.  Driven by fear on the downside.

If you want to play, the trick is to learn how to catch the falling knife.
@bkeske got it right and could have shortened his answer to just GREED.

Everyone is jumping on the rising prices bandwagon.

Many seem to be following the "never let a crisis go to waste" policy.
  • Hint: Expensive audio gear and tweaks are a VERY BAD INVESTMENT so just enjoy them.

If only I had stocked up on all of those garage sales Dyna ST 70s at 10 - 50 bucks a pop back in the early 80s. :-)

Frank 
How does $300/wk work out to $4,400 a month?

It can when the fed adds $600 per week to a state's current unemployment benefits.