[medion]

Out of curiosity, can you wax lyrical a bit more on construction? I’m about to build a house but I’m considering holding off for 12 months to see what happens with materials prices. Particularly steel. Not too concerned about contractors as I am building myself.

[giardia]

Interest rates go up, money is harder to come by, people are building less since they can't get a loan, contractors find other work until construction picks back up.

[medion]

I understand this much. But, the world is pretty weird at the moment. It seems more complex now than just moving interest rate levers around to manipulate the economy.