Lumber/Plywood

kmiklas

kmiklas

Stopped by the hardware store today.

Two things about the attached pic:


1. USD73.25 for a sheet of less-than-half-inch plywood?

2. Why is our measure of plywood in 32nds? Are the plywood makers moonlighting as bond traders? FRACTIONS!!!
 

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Insane prices. Wow.
kmiklas said:
Stopped by the hardware store today.

Two things about the attached pic:


1. USD73.25 for a sheet of less-than-half-inch plywood?

2. Why is our measure of plywood in 32nds? Are the plywood makers moonlighting as bond traders? FRACTIONS!!!
More...
 
Lumber is about to drop...don't be surprised by a 30% drop coming soon.

All assets in a bubble.

And just wait for housing prices to drop. All those idiots buying now will be holding out for a long time before their equity is back up. People overpaying for houses by tens and tens and tens of thousands, in some cases hundreds. Waiting in line at open houses just shows you how we forget about past asset bubbles.
 
OK, I share your wishful thinking. But what is the catalyst for lower property prices in areas with constant supply shortages?

S2007S said:
Lumber is about to drop...don't be surprised by a 30% drop coming soon.

All assets in a bubble.

And just wait for housing prices to drop. All those idiots buying now will be holding out for a long time before their equity is back up. People overpaying for houses by tens and tens and tens of thousands, in some cases hundreds. Waiting in line at open houses just shows you how we forget about past asset bubbles.
More...
 
kmiklas said:
2. Why is our measure of plywood in 32nds? Are the plywood makers moonlighting as bond traders? FRACTIONS!!!
More...
Hahaha. That's actually a good question.

Its as old as civilization itself..
One would would think using decimals would be easier, but back in the day they didn't have precision instruments to graduate tiny units of measure that could be say.... drawn on a diagram, and then shared or copied later by someone else in absence of that diagram.

BUT.... you can take any arbitrary length, it doesn't matter.... you can fold it once and get 1/2; fold it twice and get 1/4; again, 1/8. 1/16, 1/32, 1/64.

It was how mason's on passed designs across borders and built the great temples and palaces of Europe.
 
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