Construction costs are rising in lock-step with demand for housing. You can't escape this by just "building it yourself". Even home renovations or home adjascent industries (water heaters) are up 2 or 3x their pre-pandemic prices.
Construction materials companies (e.g. lumber producers) would rather just raise prices than scale up production dramatically since there's a real risk of demand drying up when interest rates go up sometime after 2024. Same reason why crazy COVID demand for masks has not lead to huge increases in domestic mask manufacturing from small players.
Construction materials companies (e.g. lumber producers) would rather just raise prices than scale up production dramatically since there's a real risk of demand drying up when interest rates go up sometime after 2024. Same reason why crazy COVID demand for masks has not lead to huge increases in domestic mask manufacturing from small players.