Thursday, August 13, 2009
We are in the custom residential building business. The only time we have ever had a problem getting work was after 9/11, and then I think people objected to building big houses because it just didn't seem right. We weathered it. But this recession is causing a serious depression, both in our business and all of a sudden in me.
I am a very optimistic but realistic person. I look at what can be done and do it. I look at what can't be done and figure out how to do it anyway. But I'm flummoxed about how to outlast this latest economic situation.
There are several things working against us right now:
1. The people who are building houses don't care about getting the best. They care about getting the most for their money.
2. Illegals, who don't pay income or payroll taxes, are undercutting our subcontractors.
3. Banks, who have stolen money from you and me, are still not letting go of any. And their fat cat executives aren't spending any of their bonuses on big houses either. At least not in our area.
4. This recession, unlike any we've seen, has touched the pocketbooks and portfolios of every single American.
5. People are nervous about Obama, our growing debt, wars.
There are more reasons, I'm sure.
I feel like a rat in a maze. And somebody keeps moving the walls.