The Housing Bubble: Lumber Futures Retreat

Friday, April 22, 2005

Check out this link for a chart of lumber prices.

At 10:05 AM, Anonymous said...: China has slowed dramatically -- just look at every chineese stock index. If the US collapses here so does China -- no one will buy their crap, nevertheless use that as an entry point in secular bull mkt.

Bottom line: buy china on the dips sell US on the rallies.
At 10:13 AM, Anonymous said...: Bring on the lower lumber costs!

I'm planning to cash out my equity in a high cost city and build (on land purchased before the bubble) in little town USA.
At 10:39 AM, Anonymous said...: timmmmmmmmbbbbbeeeeeeeeer!
At 11:03 AM, Van Housing Blogger said...: Interesting - for the US you are likely thinking of lumber prices as an indicator of supply conditions for housing. That is, perhaps there is less demand for lumber by builders.

However, for British Columbia, lumber production is a key part of our local economy, so lower lumber prices is not good for income in BC. This is an interesting channel through which a house price crash in the US would have impact on Vancouver's market.