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<p>[QUOTE="Clawcoins, post: 3109978, member: 77814"]you must be referencing lumber</p><p>yes, the US imposed higher tariffs last year on imported Canadian Lumber.</p><p>and they continue to increase the tariffs</p><p>==> <a href="https://www.marketwatch.com/story/home-builder-sentiment-slumps-as-lumber-costs-soar-2018-06-18" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/home-builder-sentiment-slumps-as-lumber-costs-soar-2018-06-18" rel="nofollow">https://www.marketwatch.com/story/home-builder-sentiment-slumps-as-lumber-costs-soar-2018-06-18</a></p><p><br /></p><p>but the spat has been going on for more than just recently, this article even references dairy.</p><p><a href="https://www.marketwatch.com/story/canada-fires-back-over-unfair-and-punitive-us-tax-on-its-lumber-2017-04-25" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/canada-fires-back-over-unfair-and-punitive-us-tax-on-its-lumber-2017-04-25" rel="nofollow">https://www.marketwatch.com/story/canada-fires-back-over-unfair-and-punitive-us-tax-on-its-lumber-2017-04-25</a></p><p><br /></p><p>which all hits the housing market of course. I recall reading last year or what not, that many undocumented immigrants did most of the house framing. And they split after a crackdown so that caused a large shortage of labor, and pushed house framing costs higher, thus new home costs higher. So expect new house costs to continue to rise, and the supply continue to decrease.</p><p><br /></p><p>And the used market has a low supply too pushing up those prices. The other week I checked and my home value is up another $33k in the past year. I did NOT add it into my equity calculation as I think the bubble is gonna burst at some point and who cares .. I'm not going to sell anyways.</p><p><br /></p><p>Savings rates are increasing, thus ppl are spending less. Which they could be freaked about the economy's direction right now. So less spending .. which means less buying. Junk credit defaults are rising too. My junk credit investments are just averaging about 1.70% now (10%+ just 1-1/2 yr ago before I pulled the plug and reversed) .. about the same as my high yield savings acct @ 1.7% but much safer !! I've been getting out of them now for over a year and only have several hundred left, since I saw junk car loans start dumping a year + ago. <a href="https://www.marketwatch.com/story/some-6-million-americans-are-delinquent-with-auto-loans-and-its-going-to-get-worse-2016-11-30" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/some-6-million-americans-are-delinquent-with-auto-loans-and-its-going-to-get-worse-2016-11-30" rel="nofollow">https://www.marketwatch.com/story/some-6-million-americans-are-delinquent-with-auto-loans-and-its-going-to-get-worse-2016-11-30</a></p><p><br /></p><p><br /></p><p>a lot of the tariff stuff is hitting the market hard today.</p><p>[ATTACH=full]789018[/ATTACH]</p><p><br /></p><p>but my FB and SQ are so far up today <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>But silver and gold .. lackluster ..</p><p>[ATTACH=full]789022[/ATTACH]</p><p><br /></p><p>[ATTACH=full]789023[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3109978, member: 77814"]you must be referencing lumber yes, the US imposed higher tariffs last year on imported Canadian Lumber. and they continue to increase the tariffs ==> [url]https://www.marketwatch.com/story/home-builder-sentiment-slumps-as-lumber-costs-soar-2018-06-18[/url] but the spat has been going on for more than just recently, this article even references dairy. [url]https://www.marketwatch.com/story/canada-fires-back-over-unfair-and-punitive-us-tax-on-its-lumber-2017-04-25[/url] which all hits the housing market of course. I recall reading last year or what not, that many undocumented immigrants did most of the house framing. And they split after a crackdown so that caused a large shortage of labor, and pushed house framing costs higher, thus new home costs higher. So expect new house costs to continue to rise, and the supply continue to decrease. And the used market has a low supply too pushing up those prices. The other week I checked and my home value is up another $33k in the past year. I did NOT add it into my equity calculation as I think the bubble is gonna burst at some point and who cares .. I'm not going to sell anyways. Savings rates are increasing, thus ppl are spending less. Which they could be freaked about the economy's direction right now. So less spending .. which means less buying. Junk credit defaults are rising too. My junk credit investments are just averaging about 1.70% now (10%+ just 1-1/2 yr ago before I pulled the plug and reversed) .. about the same as my high yield savings acct @ 1.7% but much safer !! I've been getting out of them now for over a year and only have several hundred left, since I saw junk car loans start dumping a year + ago. [url]https://www.marketwatch.com/story/some-6-million-americans-are-delinquent-with-auto-loans-and-its-going-to-get-worse-2016-11-30[/url] a lot of the tariff stuff is hitting the market hard today. [ATTACH=full]789018[/ATTACH] but my FB and SQ are so far up today :) But silver and gold .. lackluster .. [ATTACH=full]789022[/ATTACH] [ATTACH=full]789023[/ATTACH][/QUOTE]
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