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[-] KillingTimeItself@lemmy.dbzer0.com 3 points 6 months ago

lumber shortage, pandemic

you listed two artificial increases in property value, sure lumber was more expensive, that was due to lumber tarrifs under the trump administration.

Sure covid had an effect on newly built houses. We're well past that stage, that should be normalized by now. We should've had a massive surge in house building post restriction, but we didn't.

this post was submitted on 22 Apr 2024
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