Spiking lumber costs splinter Clark County homebuilders’ budgets

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    Spiking lumber costs splinter Clark County homebuilders’ budgets

    How To Fix A Broken Garage Door Opener Chain

    When Vancouver-based Ginn Development began work on the Latitude 45 apartments in 2019, the cost of lumber per unit for the east Vancouver complex was $8,188.

    Phase 2 of the project kicked off this year — a similarly sized cluster of similarly designed apartment buildings on an adjacent parcel of land. The lumber cost per unit: $22,805.

    High demand for housing during the COVID-19 pandemic has sparked shortages and price increases for a whole host of building materials — everything from plumbing and wiring to garage doors. But the biggest crunch by far is lumber, where prices have climbed to sky-high levels nationwide, and…

    Read more at www.columbian.com

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