[MCN] Housing growth: "The question is, where does everyone get their wood?"

[Lance Olsen]

Wood Business, Wednesday, 20 February 2013
U.S. homebuilding boom good for forest industry
By John Tenpenny
http://www.woodbusiness.ca/harvesting/home-sweet-homes

Excerpts: [bold added)

The question is, where does everyone get their wood? "The whole 
industry is going to be pushing itself hard now just to keep up with 
the incremental demand growth that we're likely to see over the next 
few years," says Kennedy.

Capacity in the U.S. south shouldn't be an issue, according to the analysts.

"It's the last basket of wood in North America," says Taylor.

"The biggest issue for us is the sustainability of U.S. housing 
starts and the economy," says Jeffery. Worries about economic 
conditions in Europe and China are also on his mind and these 
thoughts are "not unique to the forest industry," he says.

"They're the three questions that plague the world economy and impact 
our industry directly."

- See more at: 
http://www.woodbusiness.ca/harvesting/home-sweet-homes#sthash.7UX3fzQP.dpuf


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"Professor Tim Flannery, the Australian of the Year environmentalist, 
said recently his greatest wish was that political parties would 
state their 'temperature limits' as to how hot the planet should get."

The Age (Melbourne, Australia)
June 11, 2007

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"The gap between high- and low-income families has widened steadily 
since about 1980, hitting a new high every year since 1985. "

Business Week, November 21, 1994, p. 72.










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