Plenty of jobs created when the americans were building 18 million too many homes thanks to government intervention in a market to keep unemployment low. This triggered the GFC IMO, when this oversupply crashed the property market.
So yes the 18 cranes are helping people keep their job, but may assist the property market to collapse more, but after some time.
If the property market collapses, well you know the rest of the story, people feel poor, they dont spend money, the economy suffers even more, there might be one lonely crane operating as overbuilding crashed demand, more jobs lost, more foreclosures. Can't happen in australia though as we are in the fourth dimension.
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