Part 4/10:

The fires not only raise safety concerns but also pose significant economic questions, particularly regarding lumber prices. As people speculate about potential surges in demand for wood as areas begin to rebuild, it is essential to acknowledge the nuanced nature of lumber futures. Following major disasters, there can often be an initial decrease in demand for lumber as immediate construction halts. As homes are lost, ongoing construction projects are also potentially delayed, leading to a backlog in lumber supply.