Does anyone have any insight into why the price of lumber is still so high? In my area 2x4 studs are approximately triple the normal price. I’ve been waiting on some projects because I can’t afford the lumber at current prices but I’m getting frustrated. So far as I can tell the reasons for the high prices are 1) lumber mills unable to run at normal capacity. And 2) increased demand due to people being stuck at home and doing lots of DIY. Does anyone know anything more? Is there any hope prices will come down soon or are we stuck with prohibitive costs for the time being? Enlighten me or console me please. Best of health to everyone.
David A.