Remodeling Even in Todays Economic Times

There are many reasons as to why to still Remodel your home even in today's tough economic times. As I mentioned to one client who asked me if they should downsize their project; even though this client had Cash to do it, simply their question was purely based on the latest "news reports". Here is my answer to them and also to you if you have the same or similar question:

"Do you realize that if you hold back your Cash and not complete the entire remodel simply because the economy is tough and 'others' are planting seeds of doubt, that you effect the economy greatly in the negative?" The client asked me, "How can this be?"

I replied: "If you downsize the scope of the project (which was a $100,000 Remodel) and hold back and not continue, but still hold onto your Cash....think of it this way: If you and 10 other friends do the same thing, just in your neighborhood, you along with your friends have held back $1,000,000 from the economy. Now lets multiply that by 10 others neighborhoods just here in this area, and you can now see that it just takes "One" to equal $10,000,000 held back from the economy." The client asked, "How does this effect the economy?"

I replied: "You take $10,000,000 out of the local economy and hold onto it in your bank, etc. and Businesses can't afford to keep their Employees, thus their Employees can't afford to support the local economy or themselves, so you start seeing Homes going into Foreclosure, Businesses Going Out of Business, etc. All because a single person held back $100,000.00

I tell this story because it clearly shows an example of how if we "hold back" our spending "In the Economy"; this just being one small sliver of life, you can see how this snowballs into somethng grander in scale and effects "EVERYONE" even if you are not related to the remodeling industry. This is why I strongly feel even now in today's tough economy, it is still a great time to INVEST in your homes and don't simply "put off" your next remodeling project.

You can reach me with any questions or comments by visiting my website at www.hilsabeckdesignassociates.com or I am on Facebook and Twitter in addition to this blog site.

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