The speaker questions whether an industry that peaked in 2021, crashed for three years, then rebounded actually improved across the board, or if external forces like interest rates and property sales difficulties drove the pattern. Performance metrics don't prove capability gains.
It's hard for me to buy the argument that all of us got better at the same time as an industry, especially since in 2021, ostensibly, we were the best, and then we declined significantly for the next 3 years, and then we popped back up in the 4th year. So, like, are we really moving that, or is there some forces in the marketplace with interest rates or difficulty of selling properties or some other motivators?
