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by totalZero
1880 days ago
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If this is the case, then lumber should be backwardated right now. checks the futures market And indeed it is. May trades 40% above Nov on CME. So if you want to buy a rural house, you can just....wait until a couple of years after the pandemic? I don't know why you would rush to build a house right now, unless you want to live in technocrat-favored places like Austin and Denver that are seeing demand creation due to permanent WFH among Big Tech companies. |
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