Prices will remain high for some goods, but the lumber issue was a supply chain collusion problem.
I believe that the initial shock of high prices was very good for some businesses, and they systematically colluded to sit on inventory. You could physically see it in some places.
But those forces are not as strong as supply and demand so it came back to something approaching reality.
For electronics parts, the pandemic introduced large numbers of speculators who buy and hold parts for gain, those actors create an odd dynamic in the system that would do something like create higher prices, then crash as prices fall and they are forced to sell and the market gets flooded a bit.
I believe that the initial shock of high prices was very good for some businesses, and they systematically colluded to sit on inventory. You could physically see it in some places.
But those forces are not as strong as supply and demand so it came back to something approaching reality.
For electronics parts, the pandemic introduced large numbers of speculators who buy and hold parts for gain, those actors create an odd dynamic in the system that would do something like create higher prices, then crash as prices fall and they are forced to sell and the market gets flooded a bit.