Re:How could Al Bundy afford a house when he was making mini...
by _huayra_ on Monday November 27, 2023 @08:14PM
(#38441016)
There are many, but one good leading indicator is freight companies / shipping rates.
Looking at things like housing and cars directly can hide things because of can-kicking shenanigans. Melody Wright has a great substack that goes over what the homebuilders are doing to make it seem like sales are strong [0], going well beyond the "have the construction workers park in the driveway of unsold units" stuff.
Looking at things like housing and cars directly can hide things because of can-kicking shenanigans. Melody Wright has a great substack that goes over what the homebuilders are doing to make it seem like sales are strong [0], going well beyond the "have the construction workers park in the driveway of unsold units" stuff.
[0] https://substack.com/@m3melody