Quote:
Originally Posted by Wally86
Saw that too. I'm much more interested in why. Lots of the fitment industries guys left there recently-ish also. I wonder if there's a downturn in the industry we're not seeing yet.
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with interest rates on the rise, and inflation out of control, i'm hears lots of indicators in all sorts of markets that 2023 is going to be one of the most horrific years most of us have ever seen.
just finished talking with a large builder, they typically sell 40-60 houses per month, they're actually negative sales right now--had more sales cancellations than new sales. and talked with a realtor the other day, her realtor group went from $6mill in sales last year to $1mill in sales this year, with forecasts anticipating almost no housing market movement by febuary 2023, which has been entirely unheard of for the last 10+ years. she said she's got newer associates that are absolutely losing their minds right now, as they've never seen a lack of housing market interest like this before...
amazon's laying off staff, twitter no longer counts, facebook dropping people.
we're on the cusp of a good number of things. a lot of people are holding their breath, waiting to see how different government arms react and what they attempt to implement to offer a correction to the situation.
imo, it's shaping up to be slightly more 'interesting' than 2020.