If you’re moving around the United States a couple of regional trends seem to be shaping up. Florida and Idaho have multiple homes for sale. Both states appear to be selling second home or investment type of properties primarily.
In California the number of strip malls with vacancies/ lease signs is staggering- rarely a strip mall that does not have vacancy signage. I am sure it has to do with the State of California mandating private businesses to pay the beginning hamburger flipper type of employee $20 per hour- (communism) businesses are literally fleeing the state- home sales are still relatively low. It’s simply a matter of time until a lack of employment opportunities will have homes for sale.
Financial Markets? Correction or a trend - here is a guarantee/ we are going to find out- we been in a recession since the GFC 07-08-09. Papering over weakness and propping up old line enterprises that are broke and poorly run is bad for business- that only stops innovation and creates malinvestments. Good luck-it is all relative.
Awesome 👍🏻
If you’re moving around the United States a couple of regional trends seem to be shaping up. Florida and Idaho have multiple homes for sale. Both states appear to be selling second home or investment type of properties primarily.
In California the number of strip malls with vacancies/ lease signs is staggering- rarely a strip mall that does not have vacancy signage. I am sure it has to do with the State of California mandating private businesses to pay the beginning hamburger flipper type of employee $20 per hour- (communism) businesses are literally fleeing the state- home sales are still relatively low. It’s simply a matter of time until a lack of employment opportunities will have homes for sale.
Financial Markets? Correction or a trend - here is a guarantee/ we are going to find out- we been in a recession since the GFC 07-08-09. Papering over weakness and propping up old line enterprises that are broke and poorly run is bad for business- that only stops innovation and creates malinvestments. Good luck-it is all relative.
California dead in the water
Can you say Stagflation? A cut is not going to do anything to inflation short-term.