April Shaping Up – Bad!

aprilhousingfiguresThe figures for the month are coming in bad, far worse than last month’s figures as if it couldn’t get any worse, it has. This is the trend for the past few months that have shown dismal performance of all real estate industry players many of whom are losing hope that the plenty of past would ever return. Adding to the dismal figures is the sheer uncontrolled collapse of one of the the US’s biggest mall operators, resulting in closure of many malls all throughout the country. This might be what we would be seeing in the near future with many more fronts collapsing due to the sheer immensity of the economic worries plaguing us today. Time is the enemy and the sheer length of time that has been lost with no profits is taxing on all economic fronts.
Even the government’s economic stimulus bill is now being scorned as doomed to fail from the start for the economic turmoil is so widespread it will do nothing to the economy which has to heal from the individual up. many have been waiting for a recovery but experts who have been saying that more time is needed may have wisdom in their words for no man can stem the ill effects of this recession.

Comments are closed.