WTF, Price Gougeing at Home Depot.

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  • ShaneRyale
    Confirmed User
    • Mar 2004
    • 961
    #1

    WTF, Price Gougeing at Home Depot.

    I was just at Home Depot last week, and plywood was almost $20 per sheet. Now that Ivan is coming toward our area, I went there today to get some supplies, and the price of Plywood was up to $26 per sheet, and there was about a two hour line to even get any! That is bullshit!! It's hard enough trying to prepare for the hurricane, especially one this big, but then to get fucked over at the same time. And I keep hearing this commercial on the radio about how Home Depot is helping our community by keeping hurricane supplies in stock. NO SHIT!!! If you can jack the price up over 30% and have a 2 hour line out the door, I'd keep it in stock as well!

    Anyways, just my
    Shane - Affiliate Manager
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    • mardigras
      Bon temps!
      • Feb 2003
      • 14194
      #2
      It's only price gouging if they raised the price... if they passed on a price increase of their supplier's you've gotta look higher for the gougers.
      .

        Comment

        • ChrisExtreme
          Confirmed User
          • Apr 2004
          • 993
          #3
          Lumber prices change daily, not just in times of hurricanes.


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          Originally posted by Paul Markham
          Thing is if I wanted to shave I have two full time excellent programmers who could build in a shave you would never see.

            Comment

            • The Heron
              Confirmed User
              • Apr 2001
              • 4496
              #4
              Supply and demand, would you rather they keep the prices constant and instead you end up waiting in line 10 hours and finally end up getting nothing because it is sold out?

                Comment

                • ShaneRyale
                  Confirmed User
                  • Mar 2004
                  • 961
                  #5
                  Lumber prices change daily, not just in times of hurricanes.
                  Right I agree with you, but I just finished building my new house and I've been at Home depot every week for the last year 1/2. The price of plywood went from about $16 to almost $20 in about a 19 month period, raising by roughly $.25 or so per price increase. But to jump $6 in one week is a bit excessive. I would be curious to know what the price increase of plywood was at home depot in Idaho. I doubt it was $6 in less than one week.
                  Shane - Affiliate Manager
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                  ICQ: 170164556

                  See Who I Am At AdultWhosWho.com!

                    Comment

                    • xclusive
                      Too lazy to set a custom title
                      • Apr 2004
                      • 35218
                      #6
                      I would bet that it's higher ups that made the decision it's hard to travel in florida right now and the supply is low it sucks but I don't think it's gouging I just think it's an over burden on the system...

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                        • ChrisExtreme
                          Confirmed User
                          • Apr 2004
                          • 993
                          #7
                          Originally posted by ShaneRyale
                          Right I agree with you, but I just finished building my new house and I've been at Home depot every week for the last year 1/2. The price of plywood went from about $16 to almost $20 in about a 19 month period, raising by roughly $.25 or so per price increase. But to jump $6 in one week is a bit excessive. I would be curious to know what the price increase of plywood was at home depot in Idaho. I doubt it was $6 in less than one week.
                          Believe me Home Depot is afraid of lawsuits they are not going to take part in price gouging. I'm sure it has everything to do with the suppliers in that region. With plywood in such high demand for over a month worth of storms it has to be hard for the suppliers to keep it in stock themselves. So now you have the lumber mills working harder and longer hours to keep up with the demand thus increasing labor costs.

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                          Thing is if I wanted to shave I have two full time excellent programmers who could build in a shave you would never see.

                            Comment

                            • jade_dragon
                              Confirmed User
                              • May 2004
                              • 1737
                              #8
                              Supply and demand. Idaho is not eating up plywood at an alarming rate, your area is. So the lumber yards are increasing the amount of money to slow down the amount of wood being taken, paying the extra hours of the workers who are spending more time producing sheets and probably also to make more money. Capitalism at its finest.
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                                • Herb Kornfield
                                  Is on the 1
                                  • Sep 2002
                                  • 4996
                                  #9
                                  Why not just get metal roll downs on the windows?

                                  Fuck plywood, its all about the steel.

                                    Comment

                                    • TexasDreams
                                      former Miserable Admin :)
                                      • Oct 2003
                                      • 4700
                                      #10
                                      Originally posted by ShaneRyale
                                      I was just at Home Depot last week, and plywood was almost $20 per sheet. Now that Ivan is coming toward our area, I went there today to get some supplies, and the price of Plywood was up to $26 per sheet, and there was about a two hour line to even get any! That is bullshit!! It's hard enough trying to prepare for the hurricane, especially one this big, but then to get fucked over at the same time. And I keep hearing this commercial on the radio about how Home Depot is helping our community by keeping hurricane supplies in stock. NO SHIT!!! If you can jack the price up over 30% and have a 2 hour line out the door, I'd keep it in stock as well!

                                      Anyways, just my
                                      That's insane! Plywood prices in Texas are around $6.95 to $8.95 per sheet. The price gougers should be strapped with a few tons of lead weights and tossed into the ocean in the middle of the storms.

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                                        Comment

                                        • ShaneRyale
                                          Confirmed User
                                          • Mar 2004
                                          • 961
                                          #11
                                          Herb Kornfield Why not just get metal roll downs on the windows?
                                          Metal is the way to go 100%!! I wasn't getting plywood for me, but I felt bad for those who were having to get it.

                                          ALL the new houses on the beach have metal shutters.
                                          Shane - Affiliate Manager
                                          [email protected]
                                          ICQ: 170164556

                                          See Who I Am At AdultWhosWho.com!

                                            Comment

                                            • Herb Kornfield
                                              Is on the 1
                                              • Sep 2002
                                              • 4996
                                              #12
                                              Originally posted by ShaneRyale
                                              Metal is the way to go 100%!! I wasn't getting plywood for me, but I felt bad for those who were having to get it.

                                              ALL the new houses on the beach have metal shutters.
                                              I have seen these metal roll downs in North Carolnia on the some places close to the beach lately. Looked like a much better idea than wood.

                                                Comment

                                                • ShaneRyale
                                                  Confirmed User
                                                  • Mar 2004
                                                  • 961
                                                  #13
                                                  To do an average size house in metal is $5k+, and to do it in plywood is about $600. That's why most don't have it.
                                                  Shane - Affiliate Manager
                                                  [email protected]
                                                  ICQ: 170164556

                                                  See Who I Am At AdultWhosWho.com!

                                                    Comment

                                                    • Sly_RJ
                                                      Live Hard - Die Hard
                                                      • Feb 2002
                                                      • 17042
                                                      #14
                                                      It's called supply and demand. The supply is low while the demand is high, of course they're going to raise prices. You're willing to pay X but Bob is willing to pay X + 1, they're going to take Bob's offer before yours.

                                                      Now before you cry about it not being fair, step back and realize that you would do the same. Who would take a $10 an hour job when they can do the same exact thing for someone else and make $11 an hour?
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                                                        • Herb Kornfield
                                                          Is on the 1
                                                          • Sep 2002
                                                          • 4996
                                                          #15
                                                          Originally posted by ShaneRyale
                                                          To do an average size house in metal is $5k+, and to do it in plywood is about $600. That's why most don't have it.
                                                          $5k isnt bad for a house that is $500k on the beach

                                                            Comment

                                                            • pornguy
                                                              Too lazy to set a custom title
                                                              • Mar 2003
                                                              • 62910
                                                              #16
                                                              I dont think that the little bit that they rasied it qualifies as gougeing.

                                                              I think that it has to be raised by more than 100% for it to be illegal.
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                                                                • EviLGuY
                                                                  So Fucking Banned
                                                                  • Apr 2003
                                                                  • 12745
                                                                  #17
                                                                  Originally posted by ShaneRyale
                                                                  I was just at Home Depot last week, and plywood was almost $20 per sheet. Now that Ivan is coming toward our area, I went there today to get some supplies, and the price of Plywood was up to $26 per sheet, and there was about a two hour line to even get any! That is bullshit!! It's hard enough trying to prepare for the hurricane, especially one this big, but then to get fucked over at the same time. And I keep hearing this commercial on the radio about how Home Depot is helping our community by keeping hurricane supplies in stock. NO SHIT!!! If you can jack the price up over 30% and have a 2 hour line out the door, I'd keep it in stock as well!

                                                                  Anyways, just my
                                                                  Its called supply and demand.

                                                                  Really if you live in South Florida you SHOULD HAVE SOME FUCKING PLYWOOD already.. it's not like these hurricanes happen every 20 years.

                                                                    Comment

                                                                    • ShaneRyale
                                                                      Confirmed User
                                                                      • Mar 2004
                                                                      • 961
                                                                      #18
                                                                      It's called supply and demand. The supply is low while the demand is high, of course they're going to raise prices. You're willing to pay X but Bob is willing to pay X + 1, they're going to take Bob's offer before yours. Now before you cry about it not being fair, step back and realize that you would do the same. Who would take a $10 an hour job when they can do the same exact thing for someone else and make $11 an hour?

                                                                      I didn't have to buy any plywood, but I know several of those people really couldn't afford it to begin with, much less at the new prices. And I don't make it my business practice to increase the cost of goods based on the misfortune of others. If I know my profit margin is good, would I risk losing future customers to make a few extra bucks, or would I want to keep them as long term customers? I personally will now be going to Lowes for as much as possible now. I fully understand the concept of supply and demand, but a business in the community has an ethical obligation to that community. If the price hike was brought on by the manufacturer of the plywood then they have every right to increase the cost to keep their profit margin, but I'm sure the plywood in this area is all shipped from the same warehouse in this region, but I doubt areas in the region that aren't in teh direct path of the storm saw the big jump.
                                                                      Shane - Affiliate Manager
                                                                      [email protected]
                                                                      ICQ: 170164556

                                                                      See Who I Am At AdultWhosWho.com!

                                                                        Comment

                                                                        • ShaneRyale
                                                                          Confirmed User
                                                                          • Mar 2004
                                                                          • 961
                                                                          #19
                                                                          $5k isnt bad for a house that is $500k on the beach
                                                                          $500k on the beach? You can't even put a tent on the beach for $500k!
                                                                          Shane - Affiliate Manager
                                                                          [email protected]
                                                                          ICQ: 170164556

                                                                          See Who I Am At AdultWhosWho.com!

                                                                            Comment

                                                                            • ShaneRyale
                                                                              Confirmed User
                                                                              • Mar 2004
                                                                              • 961
                                                                              #20
                                                                              Its called supply and demand.

                                                                              Really if you live in South Florida you SHOULD HAVE SOME FUCKING PLYWOOD already.. it's not like these hurricanes happen every 20 years.
                                                                              Plywood isn't a treated wood. You really can't keep it around like that once it sits in water. It curls up like a corkscrew in no time.
                                                                              Shane - Affiliate Manager
                                                                              [email protected]
                                                                              ICQ: 170164556

                                                                              See Who I Am At AdultWhosWho.com!

                                                                                Comment

                                                                                • VeriSexy
                                                                                  Join The Royal Family
                                                                                  • Apr 2002
                                                                                  • 25463
                                                                                  #21
                                                                                  Originally posted by ChrisExtreme
                                                                                  Believe me Home Depot is afraid of lawsuits they are not going to take part in price gouging. I'm sure it has everything to do with the suppliers in that region. With plywood in such high demand for over a month worth of storms it has to be hard for the suppliers to keep it in stock themselves. So now you have the lumber mills working harder and longer hours to keep up with the demand thus increasing labor costs.
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                                                                                    • sickkittens
                                                                                      I am a meat popsicle.
                                                                                      • Jul 2002
                                                                                      • 25100
                                                                                      #22
                                                                                      Take it to the local news. After 9/11 remember all of the gas stations that set their prices at like $4.50/gallon?

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                                                                                        • SleazyDream
                                                                                          I'm here for SPORT
                                                                                          • Jul 2001
                                                                                          • 41470
                                                                                          #23
                                                                                          only an idiot would live in hurrician central and not have plywood on hand instead of having to buy it last second.
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                                                                                            • ChrisExtreme
                                                                                              Confirmed User
                                                                                              • Apr 2004
                                                                                              • 993
                                                                                              #24
                                                                                              Originally posted by ShaneRyale
                                                                                              I didn't have to buy any plywood, but I know several of those people really couldn't afford it to begin with, much less at the new prices. And I don't make it my business practice to increase the cost of goods based on the misfortune of others. If I know my profit margin is good, would I risk losing future customers to make a few extra bucks, or would I want to keep them as long term customers? I personally will now be going to Lowes for as much as possible now. I fully understand the concept of supply and demand, but a business in the community has an ethical obligation to that community. If the price hike was brought on by the manufacturer of the plywood then they have every right to increase the cost to keep their profit margin, but I'm sure the plywood in this area is all shipped from the same warehouse in this region, but I doubt areas in the region that aren't in teh direct path of the storm saw the big jump.
                                                                                              here's buy a clue

                                                                                              Check Out IA Cash's Newest Site Biohazard Bitches

                                                                                              Originally posted by Paul Markham
                                                                                              Thing is if I wanted to shave I have two full time excellent programmers who could build in a shave you would never see.

                                                                                                Comment

                                                                                                • DatingGold
                                                                                                  $6 PER EMAIL JOiN
                                                                                                  • Feb 2003
                                                                                                  • 13185
                                                                                                  #25
                                                                                                  it's called economics..
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                                                                                                    • Manowar
                                                                                                      jellyfish  
                                                                                                      • Dec 2003
                                                                                                      • 71528
                                                                                                      #26
                                                                                                      is how they make money

                                                                                                        Comment

                                                                                                        • baddog
                                                                                                          So Fucking Banned
                                                                                                          • Apr 2001
                                                                                                          • 107089
                                                                                                          #27
                                                                                                          Originally posted by ShaneRyale
                                                                                                          I was just at Home Depot last week, and plywood was almost $20 per sheet. Now that Ivan is coming toward our area, I went there today to get some supplies, and the price of Plywood was up to $26 per sheet, and there was about a two hour line to even get any! That is bullshit!! It's hard enough trying to prepare for the hurricane, especially one this big, but then to get fucked over at the same time. And I keep hearing this commercial on the radio about how Home Depot is helping our community by keeping hurricane supplies in stock. NO SHIT!!! If you can jack the price up over 30% and have a 2 hour line out the door, I'd keep it in stock as well!

                                                                                                          Anyways, just my
                                                                                                          economics 101 - supply and demand

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