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re: Private Developers Scrap More Construction Projects in May than in any Month on Record
Posted on 6/9/25 at 3:57 pm to David_DJS
Posted on 6/9/25 at 3:57 pm to David_DJS
quote:
What you should have posted is: "Americans aren't coming back to construction for wages illegals accept"
Stainless steel tig welders are making $52 per hour and they can't find help.
0
Posted on 6/9/25 at 4:02 pm to David_DJS
quote:
the average 30-year fixed rate on a mortgage is 7.7%
In 1993 my mortgage rate was 8.0% We refinanced at 5.5% years later and paid it off, and I thought I did well. lol
Posted on 6/9/25 at 5:28 pm to David_DJS
quote:
Because they're just not.
quote:
This really isn't an answer.
Are blacks and whites too stupid to learn requisite skills?
Are black and whites incapable of physically doing the work?
Why can't these jobs be manned by American citizens?
They're not too stupid to learn the skills or do the work. They just don't.
And these jobs will be manned by American citizens - legal Hispanic American citizens. The only difference is that there's not going to be enough of them, at least not at first.
So that new hospital wing that's going up in your town? Lemoine/MAPP/Broadmoor/McConnel/Ryan, etc is gonna be calling the hospital sometime in the near future saying "Sooooo, there's gonna be some delays..."
I know it's not a popular take but brace yourself. It's coming. 2 sites in Lafayette were brought to a halt over the course of the past 2 weeks. You think there's a bunch of white dudes ready to start pouring concrete to take their place? Keep dreaming, pal.
Posted on 6/9/25 at 6:15 pm to riccoar
quote:
No, it's another way of saying that "high interest rates" are killing all housing and business builds. The Fed is playing politics.
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