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Lumber prices down 11% YoY

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Re: Lumber prices down 11% YoY

#151

Earlier quoted context omitted.

Welcome to climate change: Citrus trees take a while to bear fruit, so uncommon weather patterns lead to bad harvests. Something similar happens with Spanish olives, and with them, olive oil. Most Olive groves are not irrigated, because they historically don't need to be, and we've had two very dry years. Production is down to 50% of what it was, and irrigating isn't cheap or easy. And again, replanting isn't a sensi…

Or really many if not most fruits where I am. Apple picking? Better be fast. Pears? None left. Plums? You wanted plums? Same with my own cherry trees. Beautiful flowers. Looked like it would be just as good as last year's awesome harvest. Then frost at just the wrong time. I had maybe a couple handfuls of cherries. Not even enough on the trees to warrant putting up the bird netting.

What is the deal with plums? I have wild plums growing all over my backyard and there's like one day a year when they're ripe but still on the tree! Otherwise they're either not ready to eat or lying on the ground.

Re: Lumber prices down 11% YoY

#152

Earlier quoted context omitted.

These things are always cyclical, but FOMO is a tough emotion to combat.

Let's hope being stuck at home for a year is not a cyclical event! That's what drove a lot of it, not FOMO. Building a home office, using a kitchen multiple times a day, schooling from home...

That doesn't drive people to pay 3x. What does it is the fear that prices will never come down or that this is a normal.

Re: Lumber prices down 11% YoY

#153
post #92

Earlier quoted context omitted.

I wonder how much of that remodeling was to accommodate a newly required home office due to WFH. If you really needed to have a separate office (eg kids), you simply had to grit your teeth and bear the cost.

Also there was little else to spend your money on. It is easy to spend ten thousand on a family vacation and for a couple years you didn't take one. Plus all the eating out you didn't do, movies you didn't go to and whatever else people stopped doing.

It seems weird to think of money as something you have to spend. We just added it to our savings.

Re: Lumber prices down 11% YoY

#154

Earlier quoted context omitted.

I don’t understand how this follows. The Asian form could develop at temperatures less than 35°C also, right?

Point being the American form is the issue in Florida. Warmer winters means more time spent at 20–25°C, increasing the overall disease burden.

I still don't understand how you arrive at this conclusion. I just did a quick pivot table of the data for 1901-2021 for Ft. Pierce, Florida, the region with which I am most familiar regarding the greening crisis. While the mean temperature has been increasing, the days spent between 20-25ºC seem to have no clear trend.

Re: Lumber prices down 11% YoY

#155
post #21

Earlier quoted context omitted.

Cripes what is going on with orange juice.. there’s some seasonal patterns in the last 25 years, but the last year has just kept climbing.

Here in Florida, citrus greening has devastated the groves.

Yep. However some new varieties, such as Sugarbelle Oranges are an are resistant to Citrus Greening and have won some taste tests.

Re: Lumber prices down 11% YoY

#156
post #138

Earlier quoted context omitted.

There is no labor shortage. US prime age employment is far below that of other rich countries. We have a huge amount of slack. And yes, "just pay more" is the solution. There is no shortage of Lamborghinis, but there is a shortage at $1000. Machine operators near me are paid $12/hour, the equivalent of 2009's minimum wage after inflation adjustment. Yes, wages are too low. Yes, it's good to pay more money and for eve…

> Yes, it's good to pay more money and for everyone to be forced to pay more money for wages. You might not have thought that through - if you actually did that, then everything costs more, and there is no net change in affordability. All you did was cause inflation. If you want to help everyone, without drawbacks, then increased productivity is the way to go. Then things are cheaper. Services are harder to improve t…

> You might not have thought that through - if you actually did that, then everything costs more, and there is no net change in affordability. All you did was cause inflation.

Is your mental model of goods and services that 100% of the cost is labor, and that everything is sold at-cost?

This makes absolutely no sense.

Unemployment is a flawed metric. Prime age employment captures everyone, not just those who fall under the government's many convenient exceptions.

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