recession: Yes! Everywhere, RE plays an essential role to the country's economy. - 11/28/13 04:47 AM
Owning a Single Family House instead of renting one provides a huge amount of savings for every family. On the other hand, commercial real estate gives greater impact to those waiting to finally land a job whether it may be in a small retail store or in an industrial related company. So generally, RE is everybody's point of revenue.
Real Estate Industry is non recession proof, for instance, RE contruction requires a great deal of labor/work force. Therefore, we can simplify it as no property sales = no work force and no work force = high percentage of unemployment.
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Carmilla Rena Brown, Realtor/Broker (Keller Williams Realty ~ Charleston)

Carmilla Rena Brown

Realtor/Broker

Mount Pleasant, SC

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Keller Williams Realty ~ Charleston

Address: Keller Williams Realty, 496 Bramson CT, Mt. Pleasant, South Carolina, 29464

Mobile: (843) 926-2007

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