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re: Powell: Fed can maintain higher rates for "as long as needed"

Posted on 4/17/24 at 4:27 pm to
Posted by Kramerica Industries
Austin, Texas
Member since Feb 2015
1077 posts
Posted on 4/17/24 at 4:27 pm to
Kills the development / construction industry though. Once everything under construction gets finished being built there is a much smaller pipeline than usual behind it. Hoping construction costs drop and help offset some costs.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261939 posts
Posted on 4/18/24 at 2:11 pm to
quote:


Kills the development / construction industry though.


Its been propped up by debt and low rates for years. Its not sustainable.
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