it’s gonna get worse
I work in a red state that has been booming for the last 10 years. Home prices were skyrocketing, mortgage rates were low and construction for single family homes and apartments was going crazy.
I am a project manager/estimator for a medium sized construction company, I would average 5 to 10 quotes for subdivisions and multi unit developments every week non stop during this period.
This fall I have bid on one subdivision….ONE.
We are in for a long and painful recession. Prepare accordingly.
https://twitter.com/WallStreetSilv/status/1598530203755728896

