I now have illegals knocking on my door looking for construction work which has all but now ended and I can't imagine what all of those illegal construction workers are going to do now that the banks stopped lending money. Watch for a rise in crime. To think that just 6 months ago they were standing in front of Home depot demanding $15.00 to $20.00 an hour.
No more remodels, because they just don't count anymore with appraisals. Who is going to remodel a kitchen now that could cost as much as $80,000.00 or even a bathroom that could run you $25,000.00? Plumbers and Electricians no longer charge $30.00 to $50.00 an hour. They charge upwards of $200.00.00 per hour but you wouldn't probably know these things if you were a couple scraping enough together to buy your first home. The fact is, it costs an arm and a leg along with your first born child to just to maintain your house let alone purchase it. This could be another reason for so many foreclosures. need a new roof? Another $20,000.
The fact that these so called experts are predicting a that if we do hit a recession it will be a quick one should tell you that it will be just the opposite. People are in debt big time and $600.00 is not going to put this country back on top of world economics any time soon. We are headed for Mr. Toads Wild Ride so buckle up
and hang onto your wallet! There is also a report out that 10% of the population in America are moving to other countries. There must be a reason for that.
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