Building Trends
- by Marisa
- October 11, 2008
As I mentioned before, my family is in construction and that industry is being slapped around by the current banking problems. Much to my dismay, the problem is across the country. I haven’t been able to find a single locality that isn’t being hit by these economic downturns.
I was doing some online research on homes in different areas of the country and can’t believe how prices have fallen. Unfortunately, even the low prices aren’t helping since banks are not lending.
When the economy began to stall, people were adding on a room or two rather than building new houses. They were looking into carports instead of full garages. Now the only things people are interested in building are chimneys. They’re looking to burn wood to heat their homes because the rising price of oil, gas and propane.
I guess there are positives to living in the north, huh?
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Yeah, it’s a tough time of construction over here in Britain. I was laid off a few months ago but should be starting work again in November.
A lot of families are gonna have a hard Christmas