Building Supply Prices Continue to Increase

With this economic crunch and things only predicted to get worse, I look at my surroundings and heave a sigh of relief that we aren't yet in the house. I cannot imagine the fuel costs (or tax rates we're not yet ready for).

Worse, costs of construction materials has skyrocketed, and is predicted to continue. Now is definitely not the time to buy building supplies.

Within two month's time, the cost of shingles alone is expected to rise significantly, stressing businesses in construction trades, those trying to build, and homeowners needing home repairs. It hasn't been overnight, though. Prices began to sharply increase after Hurricane Katrina devastated New Orleans in the USA about two years ago, August, 29, 2005, driving up demand.

I look back at these past two years knowing the frustrations we've endured living small, and must acknowledge that God knew all of this would happen and kept us here for a reason. We are not living beyond our means and are not threatened by bankruptcy, and that piece of mind is huge.

We retain hope that building supplies will drop in price. (And Lord help us, gasoline/oil/kerosene/propane too.) Then, perhaps, we will be ready to build. In the mean time, I trust God has been, and continues to, position us properly for whatever comes.

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Tech Tags: economy building house construction inflation price increase supplies