The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Don Earl who wrote (58854)	8/2/2006 11:36:39 AM
From: Jim McMannis	Read Replies (1) of 306849

RE:"I have yet to see a single analyst remark on skyrocketing building material costs being a factor in driving up housing prices. Most of the white collar analysts wouldn't know oriented strand board from a checker board. In 2003, OSB went from $4.99 a sheet to $21.99 a sheet, and has more or less stabilized in the $15 area since then. On average, building materials are up around 50% in the past 3 years> Not to mention labor. But these tend to follow up housing prices, whatever the market will bare. OTOH, why was he govie telling us there was no inflation? Certainly not deflation, my gawd.

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