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30 sats \ 5 replies \ @Undisciplined 6h \ on: Carrier warns of 40% residential HVAC drop econ
Is this a subsector that people follow for any particular reason?
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93 sats \ 4 replies \ @byzantine OP 6h
yeah it means homebuilders are imploding as they are the ones mainly buying new units
no new buys means no finished construction means no one wants the new houses because the people are broke
i actually think this is why we don't see retail entering bitcoin. all the normies are broke
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0 sats \ 0 replies \ @Undisciplined 3h
It has the added advantage of capturing people deferring maintenance on their homes, which is probably relatively hard to track.
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0 sats \ 1 reply \ @kepford 3h
I see a lotta pain in the future
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0 sats \ 0 replies \ @028559d218 1h
Well when the government raises taxes something like 20-40% across the board... quite rapidly with no guarantee as to when they'll come back down again...
What did people expect? Uncertainty reduces business investment and expenditure. And high taxes reduces demand...
Wasn't this in a book somewhere?
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0 sats \ 0 replies \ @SimpleStacker 4h
not a bad hypothesis...
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