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Updated over 4 years ago on . Most recent reply
Danny WebberPoster
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- Real Estate Broker / Investor
- Austin, TX
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At least 4M US workers have received pay cuts since Feb
"At least 4M US workers have received pay cuts since Feb even as they continued working same job & millions more have seen pay freezes according to economists from Fed & University of Chicago who put out study analyzing data from...ADP”
Another Headwind for the housing market. (except for Austin, TX which is bulletproof for now)
There will definitely be a rush for the door at some point. I hope folks can think far enough ahead to make it somewhat orderly. Is anyone seeing any overt signs of distressed sellers anywhere in Texas?
- Danny Webber