Of course, lumber cycles, just like any other commodity. When the price goes down, that cost is still there for that homebuyer when the home builder delivers the keys at the end of the build, so if he has managed to save an extra $20,000 or $30,000 because all of a sudden the lumber price at that point in time took a dip, does that not lead to increases or the overall reason we have more inflation in our housing market than we've seen before?
On March 28th, 2022. See this statement in context.