{"id":360230,"date":"2010-02-24T14:38:59","date_gmt":"2010-02-24T19:38:59","guid":{"rendered":"http:\/\/www.businessinsider.com\/boy-lumber-is-just-getting-spanked-2010-2"},"modified":"2010-02-24T14:38:59","modified_gmt":"2010-02-24T19:38:59","slug":"boy-lumber-is-just-getting-spanked","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/360230","title":{"rendered":"Boy, Lumber Is Just Getting Spanked"},"content":{"rendered":"<p>A few days ago, <a href=\"http:\/\/www.businessinsider.com\/was-yesterdays-carnage-in-the-lumber-market-a-bad-sign-for-housing-2010-2\">we wrote<\/a> about how the lumber was getting slapped around pretty violently.<\/p>\n<p>It&#8217;s happening again today, as lumber it&#8217;s down over 3% to $252.20 (per 1000 board feet).<\/p>\n<p>Taking a look at the chart below, we can see that in the lead up to late January\/early February, lumber was one of the hottest commodities around. Then in the past week, it&#8217;s fallen hard.<\/p>\n<p>Lumber, obviously, is closely tied to the housing market. Perhaps we&#8217;re seeing the evaporation of the last gasps of real estate optimism.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b857f390000000000dd14ae\/lumber-feb-24th.jpg\" border=\"0\" alt=\"Lumber Feb 24th\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/boy-lumber-is-just-getting-spanked-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/pending-homes-sales-spike-in-january-homebuilders-are-on-fire-2010-2\">Pending Homes Sales Spike, Homebuilders Are On Fire<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/your-house-will-lose-12-value-in-2010-2010-2\">Why Your House Will Lose 12% Of Its Value In 2010<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/homeowner-realizes-it-makes-way-more-sense-to-walk-away-from-underwater-home-rather-than-stay-until-2040-2010-2\">Homeowner&#8217;s Choice: Walk Away Now, Or Stick Around Until 2040 When Prices Recover<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/GaPlvwTAc2g\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A few days ago, we wrote about how the lumber was getting slapped around pretty violently. It&#8217;s happening again today, as lumber it&#8217;s down over 3% to $252.20 (per 1000 board feet). Taking a look at the chart below, we can see that in the lead up to late January\/early February, lumber was one of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-360230","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/360230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=360230"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/360230\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=360230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=360230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=360230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}