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Jun 21, 2024
10:28
:21
pm
NanoFab Coug
Truly Addicted User
Almost sounds like housing is historically unaffordable
But I’m sure if millennials eat less avocado toast the problem will go away
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NanoFab Coug
Previous username
bdoggy
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NanoFab Coug
Joined
Apr 30, 2007
Last login
Sep 30, 2024
Total posts
37,175 (6,161 FO)
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Messages
Author
Time
Lumber prices the harbinger of Econ data?
Longseason
Jun 21, 9:42pm
The Home Depot by my house didn’t get the memo
Future_Tacos
Jun 21, 9:49pm
new construction for multi-family is having a huge fall-off right now. Chart
HarlemCoug
Jun 21, 9:52pm
That snippet of the screenshot makes it looks like more of a drop than it is
futbalmaven
Jun 21, 9:57pm
It looks like at least a 30% drop. That seems significant.
El Presidente
Jun 21, 10:11pm
How far above pre-covid prices?
Plato
Jun 21, 10:16pm
A 30% drop is significant, even if it is peak to trough, which this is not.
El Presidente
Jun 21, 10:32pm
About 620 to 540, that's approximately 13% and the screenshot makes it look
futbalmaven
Jun 21, 10:39pm
That would be correct unless you click on the graphic and see that it continues dropping to about 450
Greg Kite's 'stache
Jun 21, 10:44pm
May housing starts were down 5.5%. A four year low.
HuskerFan2
Jun 21, 10:11pm
Almost sounds like housing is historically unaffordable
NanoFab Coug
Jun 21, 10:28pm
^^^^Millenial^^^^
YbeatsU
Jun 22, 12:49am
I think it’s very possible that new home construction could slow or stop drama
MacsKid
Jun 21, 10:28pm
very true, existing homeowners are not giving up those low mortgage rates. People will just renovate
BYU Grounds
Jun 21, 10:37pm
Like a fool, I paid off my house two years ago. Doh!
Cougar Junkie
Jun 21, 11:12pm
***Humble Brag***
SafetyFirst
Jun 21, 11:24pm
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