Editor’s note • This story is available to Salt Lake Tribune subscribers only. Thank you for supporting important local journalism.
What does your latest home-improvement idea have to do with the Wasatch Front’s exploding housing prices?
Lumber, for one thing. Or a lack thereof.
That main ingredient in homespun do-it-yourself projects and custom home remodels has more than tripled in price since the pandemic’s early days.
It’s been a long year of mill shutdowns, global trade hiccups and other coronavirus-related blows to wood product supplies. Then, last week observers saw the equivalent of panic buying on lumber futures — a sign that costs of everything from a few two-by-fours to truckloads of framing lumber for new subdivisions could shoot even higher.
Dejan Eskic is a recent Utah homebuyer still in shock over our rapidly climbing home prices.
“It’s pretty crazy. There’s nothing to buy,” he said, a personal…