>The problem in the building industry is that financial commitments are made years in advance >Overbuilding can and does happen and it can take many years, eve

>The problem in the building industry is that financial commitments are made years in advance >Overbuilding can and does happen and it can take many years, even decades for a property to finally break even. And in that, the building industry is no different from airlines, oil refineries, auto makers, chip fabs or any other capital intensive industry. Why should we privilege the building industry over the others?