We're More Conservative Than Others

Lumber is one of the sectors that never, still haven't reached an eclipsed our peak. And i can speak confidently about my market, and i think i can say that we're more conservative than others because of what we went through in two thousand six seven and eight. Lumber dealers sold down their inventories to almost nothing. Effectively, the mills didn't invest in inventories. Prices are too high, and en to wait for them to come down. We'll talk about larger structural issues supporting the price of lumber. Today's episode is sponsored by the motley fool.