Google, Amazon, and Tesla are hurtling into a struggling industry — and it’s a sign the bloodbath is just getting started
|10/20/2018||Posted by BusinessMediaguide.Com under General World News||
- Homebuilder stocks are on pace for their worst year since 2008.
- Amid the bloodbath, industry analysts are warning that tech giants are growing their ambitions and investments in the housing market.
- Amazon, Google, and Tesla have already made some inroads, and could innovate in ways that traditional homebuilders have been unable to.
In the course of Margaret Whelan’s conversations with homebuilders in Europe and Japan, she has noticed a difference between them and their American counterparts.
“Everyone delivers houses in days, except here,” Whelan, CEO of the housing consultant Whelan Advisory, said at a recent conference in New York. The read more >>>