Chart of the Day: Lumber Bubble!

In today’s video I mentioned the rising cost of lumber. I’m thinking this would be a good one to chart for you as well.

Here’s a one-year look:

Yep, that’s ~$340 a year ago, and $1,295/thousand board feet as I type!

While we can debate whether or not there’s a bubble in housing, there’s no debating the bubble in lumber!

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