[RyanPringnitz]

Homes in North America are not built with wood from Southeastern US. Wood from PNW and Canada is used. I believe this is why a lot of furniture, cardboard boxes and cabinetry is made in Southeast US.

Mills / lumber yards consolidated during 2008-2009 financial crisis.

In the years leading up to covid, Canada unintentionally lowered lumber prices by cutting down trees that were infested with a certain type of beatle. At the same time, Canada was reducing the number of (healthy) trees allowed to be harvested for wood every year.

Some have argued that wood prices have been too low, for to long. The industry has never recovered from 2008-2009, and has a conservative mindset.

There are definitely a lot of perspectives to hear in this equation.

I like a quote from this podcast; higher prices cure high prices.

Transcript: Stinson Dean On The Soaring Price Of Lumber ["https://www.bloomberg.com/news/articles/2021-04-29/transcrip..."]