Episode 11: Lumber Prices
In this episode we chat about lumber prices.
Why are they so high? Is there hope that they will begin lowering soon?
For more information, visit Brindle & Bay.
[3:34] When should prices go back?
[4:31] 2020 led to an increased demands.
[5:30] Low interest rates led to more people building homes.
[5:55] Large amounts of log supplies were lost in mills in British Columbia.
[6:44] Wood mills were struggling to find employees.
[8:20] What does this have to do with financial planning?