Some quick facts
-Trees gain most of their mass from the carbon they absorb. When they are cut down and used in buildings or furniture or other products, they act as carbon batteries. The carbon that they absorbed is not released. Making the carbon positive in terms of sequestration.
-Concrete and steel on the other hand require a huge carbon footprint in comparison to be fabricated/smelted/created. Resulting in net negative sequestration.
-Even if woody material is burned for energy, it is generally carbon neutral. If that tree absorbed 1 ton of carbon over its life, the 1 ton of carbon it releases does not change the amount of carbon originally in the biosphere, unlike natural gas or oil, which comes from outside of the biosphere deep within the earth.
-At least in most lands managed by the state/private companies in the states, more trees are planted than are cut in a harvest, or the harvest is designed to increase forest health
-The largest issues with deforestation come from agriculture and development. Harvesting trees for building materials, paper, furniture, etc. is actually pretty dang good for the environment. If we're really concerned about climate change, we should start building more wooden skyscrapers