RE: Sales17 Nov 2022 06:33
Good morning stt
What you say about sales people as a general rule is true!
I have been through two other recessions in the construction industry, this one feels different!
Wether you like it or not i think we have been in a general recession for a couple of years!
Not in the construction, normally when the first words of recession are spoken our prices get hammered and our wages get hammered!
Not as of yet, when we had covid and everything shut down, I spoke to the sales people then and asked if it had an affect they told me it was the best thing to happen to sales.
As people had to book appointments to view the house, so no time waster’s and less cancellations ( basically no Sunday window shoppers).
So I believe this still carries on.
The other thing that has saved the industry for the past couple of years is Hong Kong money they have been buying up closes of spec!
So we still have a housing shortage and maybe HA’s will see us through or some council estates or just tick over on private sales.
I am not sure but one things for certain everyone needs a home.
Good luck all