Everything You Need to Know About the Great Lumber Crisis of 2021

Everything You Need to Know About the Great Lumber Crisis of 2021

3 years ago
Anonymous $drS9DEX_Sj

https://www.vice.com/en_us/article/88nvva/lumber-shortage-2021-explained

The hottest commodity of the last year was one you probably didn’t realize you needed to care about: Wood.

Lumber has long been the subject of debate over trade policy, ecosystem conservation, and climate change. But in a white-hot housing and remodeling/home improvement market, lumber prices spiked to new highs. DIYers grappling with cabin fever as well as increased demand for home remodeling contractors and home builders looking to increase housing supply sent the lumber market bonkers. Meanwhile, sawmills shut down and later faced a labor crisis, causing a shortage and subsequently causing record-breaking prices.

Everything You Need to Know About the Great Lumber Crisis of 2021

Jul 7, 2021, 1:27pm UTC
https://www.vice.com/en_us/article/88nvva/lumber-shortage-2021-explained > The hottest commodity of the last year was one you probably didn’t realize you needed to care about: Wood. > Lumber has long been the subject of debate over trade policy, ecosystem conservation, and climate change. But in a white-hot housing and remodeling/home improvement market, lumber prices spiked to new highs. DIYers grappling with cabin fever as well as increased demand for home remodeling contractors and home builders looking to increase housing supply sent the lumber market bonkers. Meanwhile, sawmills shut down and later faced a labor crisis, causing a shortage and subsequently causing record-breaking prices.