Add in the doom loop of an unprecedented credit-asset bubble and housing as a sector is in trouble.
Sorry for the punnish-ment, but this nails it:
How Contracting Work Became a Race to the Bottom The reality of being a contractor includes labor shortages, brutal competition and low, low margins.
This is not a new or unique trend, but it’s accelerating into a Doom Loop where the resources needed to reverse the decay are no …
Source: oftwominds-Charles Hugh Smith (http://charleshughsm…)