Good point Tootsie. We took some scrap metal back last month. Prices are pretty good right now and hubs wanted to clean out the barn. I sat in the truck and witnessed how that place operated. It was quite impressive. I was amazed though at some of the stuff people just sell for scrap that still has life left in it. Why don't people sell on Craigslist or put stuff out front of their house? They'd get much better prices.
I see shortages pretty much everywhere. That's why I leave with a full cart every time I shop. Anything I think I might need in the future, I'm buying now. I'm afraid of inflation, the potential for a vaccine passport (which I will never get), and product shortages. My shopping days could very well be numbered given all of those factors. I typically only stock up when I find good bargains, but I'm not stuck in sale mode at this point. If I find something, and it's reasonably priced, I buy it.
We've been looking at buying a new 4 wheeled toy and have just started looking at price and availability. IF you can find one, they are very pricy and just went up in price almost 3% this month alone. IF you want something custom made, you can order it now with no expectation of when it will arrive. One place said we couldn't even place the order until this summer for a late fall delivery. We are still contemplating what to do on that. We think there will be some good deals coming along soon when all the 'free money' dries up and people have buyers regret. I'm just not sure I want to wait that long.
As far as construction costs, we know someone that wants to build a barn this year. The guy he got a quote from urged him to wait at least a year to build his barn. The builder thinks materials are in a big bubble right now and said if he can just wait a year or so, he'd likely save at least $7,000. We know the builder and he is a good guy. I respect him for trying to save people money at the cost of his livlihood. He said he'll make the same labor amount either way, but he just hates to buy materials at the inflated prices right now. Although, even with the inflated prices, folks are still building if they can. To me, this amounts to the fact that people are scared and think this might be their last opportunity to get things done.