The Supply Shortfall - Is That Really a Sign of Weakness?

Tracy: This whole discussion fits into our wider supply shortage themes, this idea that everything comes back to expectations. The other thing that i was thinking a lot about is just that data question, and this idea that even if we start to see housing data soften,. Is that actually a sign of weakness, or is that just a sign of price outstripping supply in the short ye? Tracy: It reminded me of what stinson was telling us in the lumber episode, which is, like, we're probably at some sort of, like new pir a equilibrium, such that there is this sort of, i new base line level of demand for lumber that's going to keep prices just