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Things Are Out Of Control : Supply Chain Collapse Leads To Lumber Frenzy, Soaring Home Prices

by Tyler Durden Wednesday, Apr 14, 2021 - 11:45 AM With median prices for both existing and new homes at all time highs, and soaring at a record annualized rate of almost 20%. . increasingly more Americans find themselves priced out of homeownership, while still cautious banks refuse to lend them the mortgages they so desperately need to live the American Dream (on credit). And unfortunately, since most US houses are made out of wood, we have even more bad news: home prices are about to get even more expensive if for no other reason than the frenzy sweeping the lumber market is set to keep going through the summer peak of US home building as labor shortages and depleted inventories mean that supplies can’t keep up with skyrocketing demand.

Home prices driven up as lumber supply falls short of demand

Home prices driven up as lumber supply falls short of demand
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Coronavirus-Related Restrictions Again Limit Easter Events

By City News Service Apr 4, 2021 LOS ANGELES (CNS) - Restrictions related to the coronavirus pandemic will limit Easter events in Los Angeles County for a second consecutive year but unlike last year, there will be opportunities today to celebrate Jesus resurrection in person.   While many sunrise and outdoor services have been canceled, outdoor services conducted by Purpose Church will be held at 9 a.m. and 11 a.m. at the Grandstand at Fairplex in Pomona. A nursery will be open for children through 3 years old. A concert, crafts, games a bible story and held for children from 4 years old through fourth grade.  

Coronavirus-Related Restrictions Again Limit Easter Events | The Patriot KEIB AM 1150

By City News Service Apr 4, 2021 LOS ANGELES (CNS) - Restrictions related to the coronavirus pandemic will limit Easter events in Los Angeles County for a second consecutive year but unlike last year, there will be opportunities today to celebrate Jesus resurrection in person.   While many sunrise and outdoor services have been canceled, outdoor services conducted by Purpose Church will be held at 9 a.m. and 11 a.m. at the Grandstand at Fairplex in Pomona. A nursery will be open for children through 3 years old. A concert, crafts, games a bible story and held for children from 4 years old through fourth grade.  

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