Thread: Next recession?
View Single Post
Jims5543 Jims5543 is offline
I'm with Bill
 
Jims5543's Avatar
 
Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
In 2007 I could see the 2008 housing crash coming. I was able to circle my wagons and get ready.

I am shellshocked due to the wild ride I had to go on for 6 years following. Typically a recession will last a year or two. I was unprepared for the duration.

Up until Sept 2018 I was really busy, 80% of my work was home closings and 20% builders.

In October I slowed a lot, the script flipped, 80% builders 20% closings.

This seemed to be a reaction to the last fed hike.

I am being cautious and just observing now. I hope the enthusiasm and consumer confidence we have seen for the last couple of years can shake this funk off.




Sent from my SAMSUNG-SM-G891A using Tapatalk
__________________
1978 Mini Cooper Pickup
1991 BMW 318i M50 2.8 swap
2005 Mini Cooper S
2014 BMW i3 Giga World - For sale in late March
Old 11-05-2018, 04:28 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #11 (permalink)