Stinson Dean - Talking Lumber
The Business Brew
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What Happened to New Home Starts?
Lumber went up to the all time hiso 590 dollars or something. Two thousand six was astronomically high. And new home starts reat two million. Then it all came crashing down. New home starts just slogged along, as we've all seen on the chart. But lumber retraced pretty aggressively over the next couple of years. And so that wy. And it was china. So china's big emphi structure build and the 20 % g d p growth,. And they would use lumber for concrete forming. That's interestig concrete forms. Youknow, they use it for furniture and crates and stuff. It's because they need 20 foot boards
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