Not Ranked
I think it is effecting every splinter of business, except for food and liquor. You have got to eat. Anything can be said about liquor.
I opened a new muffler shop over a year ago. In March it started to take off, and in April it just exploded with business. Then May it started dwindling, and gets worse each month. The crazy thing is I am holding my own against long time established shops around me. It is bad all over for my business.
I have had my house on the market for 6 months, and only one offer. I wanted to use the money to buy property to move the shop to, I rent now, and move back onto the boat.
I think Scott is right. Stop selling the mortgages, and at least hold the interest rates for now. Let the dust settle in this stampede. Once the dust starts to settle then maybe lower the rate a bit. I think people look around, and see chaos. That scares people, and me too....LOL
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20mph is not fast, unless you are doing it in a 3/2, 1000sq. ft. house on 10 ft. waves!
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