Originally Posted by
MGuy
Little end in sight in terms of low inventory. Anyone’s guess what will happen...my guess is it will stay low due to high building costs. Combined with the market for luxury rentals and the air bnb market I can’t imagine it will jump back up any time soon. But that’s a total guess from a non expert.
Lumber is down 75% today from its highs over the summer, allowing for more new build houses which will ease the demand on existing houses.