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Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

businessinsider.com

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Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#11
post #4

This article said nothing about zoning. People can live alone, affordably, with a higher supply of housing, not just for rent and purchase, but we’ve gotta build much more than single family zoning.

> we’ve gotta build much more than single family zoning.

Just not in my neighborhood.

Re: Wonder Why Your Rent Is High? Because Everyone Decided They Want to Live Alone

#12
post #9

Earlier quoted context omitted.

Demand fell off off a cliff.

according to Patrick Gelsinger, CEO of Intel, demand for semiconducters grows at 5% per year. Covid drove demand to "twenty-plus percent" https://youtu.be/mV0ek-i9C8U?t=105 I believe he of all people would have an adequate pulse on the industry during that time.

Semiconductor Sales

2017 419 billion

2018 468 billion

2019 418 billion

2020 439 billion

2021 555 billion

2022 573 billion

Do you see the cliff? (hint: 2019)

Source: Lived through it

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