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#12 | |
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Senior Member
Join Date: Jun 2021
Posts: 3,977
Thanks: 3
Thanked 678 Times in 561 Posts
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Quote:
It has to be long and deep to not only wash out capital excess and restore capital discipline... but must also be long enough to create a lasting imprint. Once imprinted. People logically should seek to make the land more productive... hence items like the berry bushes. It is just getting past the emotion into the reality that no politician is going to brave what must be done to get the results that they are demanding. We thought $14 studs were going to cancel the demand for building... or at least building larger rather than better quality... it didn't even create a dent. Four times the pre-covid quantity are flying out of the yard. So we are still in the quantity and not quality phase of the consumer cycle. Last edited by John Mercier; 06-15-2022 at 11:05 PM. |
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