nick_kline
Joined 8 years ago
Joined 8 years ago
Today there is a housing shortage, & that's driving up prices. I'm sure there are some people hoping to flip their houses, but all I read is there is much more stringent mortgage requirements than before and in hot markets at least there are multiple offers. So it's similar in a vague way, but it's much different in it's the housing shortage that is driving a lot of the price increase today. Still, eventually I expect the shortage to ease, builders will make more houses, so that should lower the pressure or lower prices, eventually, at least somewhat.
If people aren't buying so many houses they can't afford, then shouldn't the problem of mass loans going back to the bank be avoided?
It's very hard to overcome economics. If they don't pay their engineers at TSMC something approaching alternatives, they will start to leave. It doesn't matter whether the company made billions of dollars because of a few people - the company will struggle if they start losing their engineering talent. So that kind of sets their value.
What I'm arguing is that they'll need to pay better wages, otherwise people will leave, regardless of this law about advertising jobs.
Telsa also is the only car manu. was access to enough batteries to ship car in en masse. All the the companies making evs are significantly limited by batteries. Finally teslas have much better energy efficiency/mile. 800v charging and car systems is one area tesla is behind (they are 400v).
https://www.linkedin.com/in/nickklinephd