- US imports 20% of its lumber from Canada vs. 70% local lumber.
- Raw lumber costs are about 1% of the price of a house in California.
- Lumber prices were much much higher during the pandemic and are actually not that high right now: <a href="https://tradingeconomics.com/commodity/lumber" rel="nofollow">https://tradingeconomics.com/commodity/lumber (it's at 9 months low and cheaper than in 2018).
carterschonwald · · focus · HN ↗
esseph · · focus · HN ↗
If you are a builder, there is no sane way to bid on contracts with such hugely variable COGS.
And how the HELL do you even attempt to fix the US housing supply if you are tariffing Canadian lumber? You can't.
YZF · · focus · HN ↗
- Raw lumber costs are about 1% of the price of a house in California.
- Lumber prices were much much higher during the pandemic and are actually not that high right now: <a href="https://tradingeconomics.com/commodity/lumber" rel="nofollow">https://tradingeconomics.com/commodity/lumber (it's at 9 months low and cheaper than in 2018).
esseph · · focus · HN ↗
There is a 24-45% tariff on building supplies, steel, aluminum, and cement.
> Raw lumber costs are about 1% of the price of a house in California.
California is fucking weird then, because it's 16% or more other places.
<a href="https://www.txrac.com/blog/cost-to-build-a-house-from-scratch" rel="nofollow">https://www.txrac.com/blog/cost-to-build-a-house-from-scratc...
YZF · · focus · HN ↗
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