Thursday, June 15, 2006

NAHB.org - "Rush To Reach Lumber Accord Could Have Long-Term Impact On Housing Affordability" (6-15-06)

"Observing that the proposed framework would last for at least seven years and as many as nine, Howard said that NAHB’s analysis indicates the pact has the potential to seriously disrupt the lumber market by increasing and destabilizing prices, causing production bottlenecks as Canadian producers fight for limited market share, and instigating supply shortages as firms delay shipments in anticipation of a change in duties."

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