finance

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

Do you have any thoughts around this? I assume until rates go lower, less people are thinking about new construction?

musician + dj // photographer // internet money // venture curious // cars // inside wireman // co-host of /music

makes sense. just finished my electricians apprenticeship..might me a good time to pivot :)

debt is more expensive because rates are higher, and construction projects are a weird investment category, being high risk because of unpredictable profit margins (could lose or make a lot on individual projects), in part due to long lead times on approvals and construction itself