Lumber Demand Drives Georgia Home Prices Higher

A beige house in a suburban community during the day

A spike in lumber prices has compounded the state’s housing crisis, Georgia housing advocates said.

The price of lumber increased by 300% this spring compared with the same time last year, reports show. The building material reached an all-time high of $1,515 per thousand board feet on May 28.

The price of oriented strand board, which is most often used for sheathing, has increased by 400% since last spring.

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General Assembly Passes Bill Limiting Increased Local Government Oversight, Regulations on Construction Industry

The General Assembly passed a bill to limit local government efforts to impose stricter regulations and oversight on Thursday. State Representative Kevin Vaughan (R-Collierville) and State Senator Jack Johnson (R-Franklin) were sponsors on the legislation. 

The legislation would prohibit local governments from accessing the personal information of employees, imposing additional safety laws beyond state and federal standards, and entering job sites without permission. 

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