It is World market for materials. I believe we need to get ready for this as a new normal.

Material costs did not go down in the recession a dozen years ago. They have gone up since. Commodities do not recognize global borders, they follow the cash.

At the top end of the market it will make no difference. In the bottom 1/2 of the market it is going to have a great effect.

One of the challenges coming up is all the people that have built McMansions. Many of these places will have differed maintenance issues. Given the size of many of them, the average homeowner can not take care of them . They need a team sized care group. Just wait until they are 30 years old. This will not be a pretty sight.