Furniture Shopping

[Scoot26]

Finally arrived , the last piece of furniture. 4 month wait

They sent us a note a month ago or so saying it would arrive the first week of December!

 

[Scoot26]

https://twitter.com/i/web/status/1427985533414805512

Do store prices represent this?

 

[Burque]

https://twitter.com/i/web/status/1427985533414805512

Do store prices represent this?

I spoke to a home builder about this and he told me there was a lag in everything because purchasers of lumber that sold it to builders had their cost built in when they bought it so it would take awhile to see the fall in prices because they had to work through the costs they were experiencing previously. Also they mentioned that sometimes it was customary to just leave prices at a higher watermark even after they came down, because profit.

 

[Scoot26]

I spoke to a home builder about this and he told me there was a lag in everything because purchasers of lumber that sold it to builders had their cost built in when they bought it so it would take awhile to see the fall in prices because they had to work through the costs they were experiencing previously. Also they mentioned that sometimes it was customary to just leave prices at a higher watermark even after they came down, because profit.

Well that I believe, but I feel like they would absolutely need to lower prices eventually as people like me were not buying lumber because of the price.

I won't be surprised if it never goes back to 2019 prices (and it probably won't), so at some point I'll budge.

 

[Burque]

Well that I believe, but I feel like they would absolutely need to lower prices eventually as people like me were not buying lumber because of the price.

I won't be surprised if it never goes back to 2019 prices (and it probably won't), so at some point I'll budge.

I think we will see it fall some, but I also think that you are correct that the low point won't be what it was before.

It will just be a built in cost to everything lumber related going forward.