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<p>[QUOTE="MIGuy, post: 7532940, member: 116145"]The cause of current timber prices is the decade of instability and low prices that followed the Great Recession, when America stopped building homes, leaving the lumber trade out to dry. The stunted recovery stripped the industry’s crucial middlemen—the mills themselves—to the bone. Building a new deck is expensive now because mills can’t ramp up to meet the demand surge—or won’t, nervous they’ll get caught with millions in underused machinery when prices crash back to earth. That's the fact, Jack.[/QUOTE]</p><p><br /></p>
[QUOTE="MIGuy, post: 7532940, member: 116145"]The cause of current timber prices is the decade of instability and low prices that followed the Great Recession, when America stopped building homes, leaving the lumber trade out to dry. The stunted recovery stripped the industry’s crucial middlemen—the mills themselves—to the bone. Building a new deck is expensive now because mills can’t ramp up to meet the demand surge—or won’t, nervous they’ll get caught with millions in underused machinery when prices crash back to earth. That's the fact, Jack.[/QUOTE]
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