In this episode of the ATL RER, I spent some time discussing the JOBS market and how it affects the real estate market. Specifically, I mentioned that MANY companies went on a hiring BINGE during the pandemic. This was one of the drivers that created a temporary surge in demand for houses. I closed that topic by stating that this hiring binge was JUST STARTING to unwind. This article speaks to that point >>> https://www.wsj.com/articles/logistics-companies-are-reversing-their-hiring-binge-11667590612
Imperfect Storm: Cat 5 Housing Market Cools to a Cat 3
In this episode of the ATL RER, I spent some time discussing the JOBS market and how it affects the real estate market. Specifically, I mentioned that MANY companies went on a hiring BINGE during the pandemic. This was one of the drivers that created a temporary surge in demand for houses. I closed that topic by stating that this hiring binge was JUST STARTING to unwind. This article speaks to that point >>> https://www.wsj.com/articles/logistics-companies-are-reversing-their-hiring-binge-11667590612
Here's a recent tweet from Lambert, the journalist I mentioned in this podcast. The man's charts, alone, are worth the follow >>> https://twitter.com/NewsLambert/status/1588917315386585088?s=20&t=-wOtgHYIksdl0aZeADwqKg
Lambert's most recent article >>> Here, he discusses the relationship between monetary policy and the real estate market. https://fortune.com/2022/11/03/the-feds-housing-market-reset-isnt-letting-up-anytime-soon-2023/