- US imports 20% of its lumber from Canada vs. 70% local lumber.
- Raw lumber costs are about 1% of the price of a house in California.
- Lumber prices were much much higher during the pandemic and are actually not that high right now: https://tradingeconomics.com/commodity/lumber (it's at 9 months low and cheaper than in 2018).
It's not just lumber.
There is a 24-45% tariff on building supplies, steel, aluminum, and cement.
> Raw lumber costs are about 1% of the price of a house in California.
California is fucking weird then, because it's 16% or more other places.
https://www.txrac.com/blog/cost-to-build-a-house-from-scratc...
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