MacNicol’s Quarterly Commentary – October 2020
Bored boards, fickle investors…
There is an old expression in real estate that has been around for a long time. It goes a little something like this: “a 2×4 doesn’t care whether it goes into a shack or a mansion”. Given the run up in lumber prices this year it seems many care an awful lot about 2x4s…
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The Quarterly Commentary October 2020