william the wie
Gold Member
- Nov 18, 2009
- 16,667
- 2,402
- 280
The Ds are losing the Senate races and there is a growing chance that they will lose the house but other things are also going on.
Construction wages net of all taxes and expenses increasingly suck in the Blue Wall but not so much in the Red Edge.
Increasing interest rates are making homes less affordable everywhere but lower SALT in the red edge makes this enough of a smaller problem
Combined with the greater worker shortage in the red edge skilled workers want to leave the Blue Wall.
This looks like a $10-20 T write down to me how about you?
Construction wages net of all taxes and expenses increasingly suck in the Blue Wall but not so much in the Red Edge.
Increasing interest rates are making homes less affordable everywhere but lower SALT in the red edge makes this enough of a smaller problem
Combined with the greater worker shortage in the red edge skilled workers want to leave the Blue Wall.
This looks like a $10-20 T write down to me how about you?