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Increased demand

Posted on: February 11, 2021 at 12:01:44 CT
Spanky KU
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The pandemic resulted in many people being forced to work from home, which contributed to an explosion in DIY projects and hiring contractors to do work on houses. Consumers responded by buying up building supplies.....

The same has happened with home prices... people have realized their home is not suitable for the 'new now' of their lives and created a greater than normal demand on homes... the result? Prices rose due to the increased demand
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MESSAGE THREAD

The growing expense of building materials - ummmm MU - 2/11 11:52:31
     A/B, plus more cash - meatiger MU - 2/11 14:44:26
     D (nm) - 90Tiger STL - 2/11 13:04:39
     A & C... - escalade MU - 2/11 12:21:15
     No, people are not spending money at restaurants, bars, - tigertix MU - 2/11 12:18:41
     D(nm) - tcat KC - 2/11 12:13:09
     None of the Above - Ace AU - 2/11 12:08:12
          I'll accept this addition as an option. (nm) - ummmm MU - 2/11 12:13:55
     Global warming? - Gavin Citrus MU - 2/11 12:02:28
          Holy 90s batman. Climate change. Climate change.(nm) - DollarSigns MU - 2/11 12:06:18
               Touche - Gavin Citrus MU - 2/11 13:37:11
     Increased demand - Spanky KU - 2/11 12:01:44
          That would fall somewhat under A. - ummmm MU - 2/11 12:15:05
               Not the way A was written.(nm) - Spanky KU - 2/11 12:34:21
                    "somewhat" (nm) - ummmm MU - 2/11 12:35:27
                         Fair enough.... but A implies only lower supply and does not - Spanky KU - 2/11 12:39:02
          Joe is gonna take care of it(nm) - DollarSigns MU - 2/11 12:08:23
          It's both supply and demand. - kmawv8 MU - 2/11 12:04:07
               Demand is higher than 'normal' - Spanky KU - 2/11 12:16:24
                    Correct. Supply is also lower than 'normal' - kmawv8 MU - 2/11 12:59:59
                         yet increased demand is not included in the choices, is it? - Spanky KU - 2/11 13:35:03
               The western wildfires have been a driver as well, - tigerdb MU - 2/11 12:09:14
                    Poor land management by the western state governments - ummmm MU - 2/11 12:16:14
     D (nm) - kmawv8 MU - 2/11 12:01:17
     C - ashtray UF - 2/11 11:59:48
          Home renovations are also going through the roof - kmawv8 MU - 2/11 12:02:28
          the low interest rates and boom have been around for - dangertim MU - 2/11 12:01:20
               The argument would be that the central bank / govt have - ummmm MU - 2/11 12:12:26
     D (nm) - pickle MU - 2/11 11:56:13
     hmmmm.....D sounds good, I'll have that, thanks(nm) - dangertim MU - 2/11 11:55:34
          - dangertim's mom (nm) - SwampTiger MU - 2/11 11:56:19
               unexpected but welcomed. A hearty lol to that my friend (nm) - lqf2b8 MU - 2/11 11:57:09
                    calm down(nm) - dangertim MU - 2/11 11:59:39
                         LOL (nm) - lqf2b8 MU - 2/11 11:59:52
                              better(nm) - dangertim MU - 2/11 12:00:37
     fewer trees(nm) - lqf2b8 MU - 2/11 11:53:33




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