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Updated over 1 year ago,

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Jaron Walling
Pro Member
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Indianapolis, IN
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The UAW wants to wreck the economy

Jaron Walling
Pro Member
#4 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Rental Property Investor
  • Indianapolis, IN
Posted

Is the auto industry big enough to create ripples in RE markets? If so, why? The UAW just escalated the "stand up" strike to 38 new locations. This includes everyone already striking. This affects thousand of UAW members and numerous part suppliers. I don't see the negotiations ending anytime soon. 

Transitioning from ICE to EV requires sacrifice. I think disruption in the auto industry combined with other economic red flags could create big impacts on our economy.

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