Wednesday, November 4, 2009

New Furniture for an Economic Downturn

It sounds odd doesn't it? It seems like a recession would be the last time to splurge for a sectional sofa, doesn't it? Ironically, no. The reason for that is that a huge part of this economic downturn is the housing crisis brought about by sub-prime loans.

Consequently, very few homeowners are spending available capital on trading up on a new domicile. Instead, they are doing things like taking staycations, remodeling, and yes, investing in new furniture.

There's a bit more to it as well. I used to be the service manager at a furniture store in Houston. I found that other than couples or singles just starting out, customers used new furniture in the same way folks use comfort food. There's just something reassuring about a new leather sectional sofa.

Now all we need is a cash for clunkers furniture program to get this economy fired up!

Thank you to my sponser,

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