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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: mishedlo who wrote (34690)6/30/2005 11:32:36 AM
From: John VosillaRead Replies (1) of 306849
 
Wages for many of the trades that do ongoing home repair and service which is not as cyclical will get squeezed considerably as new construction plummets along with the death of major home improvment projects. Many of those workers out of necessity will gravitate to were the more consistent work would be in a downturn. There will always be steady work for sprinkler repair, lawn service, roof repair, electrical, HVAC and plumbing on a recurring basis for older homes as you probably know as a homeowner<g>.
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