Originally Posted by
bigscrb15
What are your plans when the Housing Market crashes in your area? It has already happened here and builders are laying off hundres of employees, sitting on thousands of houses they can't sell, stopped construction in the middle of $1mil+ houses, etc.
I am in a construction related business for myself and it is extremely slow. I am actually considering going to the airliines so I don't have to deal with it anymore. Even if I am not making as much money, I can atleast have a steady paycheck and plan my lifestyle around that.
My Uncles son is building houses in Phoenix and his business has gone down hill. He has two 700,000 dollar houses that he can't sell right now. He said he is probably going to claim bankruptcy if he can't sell them. His girlfriend also left him to since things have gotten so bad. I guess the grass isn't always greener on the other side.