Monday, 22 October 2018

Google, Amazon, and Tesla are hurtling into a struggling industry — and it’s a sign the bloodbath is just getting started

Google, Amazon, and Tesla are hurtling into a struggling industry — and it’s a sign the bloodbath is just getting started

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 Whelan Advisory, said at a recent conference in New York. The former JPMorgan managing director lamented that it often takes months, sometimes years, to build a house in the US.

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