Nick released a piece of data. In the US real estate industry, the number of homes under construction has dropped by 15% at an annual rate in the past six months, which indicates a continuous and sustained decline, not accidental data.
However, the number of people employed in the residential industry increased by 3.3% year-on-year.
What does this set of data show?
Are US real estate developers actively expanding recruitment during the trough? In order to cope with the bottoming out of the industry? Or is there something wrong with the data? I don’t really understand.
However, I exchanged a few words with American netizens in Nick’s comment area. In his opinion, he believes that the future of US real estate will explode downwards
😂😂😂😂
You see, facing the transformation of the land rent economy, people in any country are not optimistic.
