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Out of curiosity, can you wax lyrical a bit more on construction? I’m about to build a house but I’m considering holding off for 12 months to see what happens w
by medion 4y ago
Out of curiosity, can you wax lyrical a bit more on construction? I’m about to build a house but I’m considering holding off for 12 months to see what happens with materials prices. Particularly steel. Not too concerned about contractors as I am building myself.
- giardia 4y agoInterest rates go up, money is harder to come by, people are building less since they can't get a loan, contractors find other work until construction picks back up.
- medion 4y agoI understand this much. But, the world is pretty weird at the moment. It seems more complex now than just moving interest rate levers around to manipulate the economy.