A quick thought – Always look on the bright side of …

… the economic slowdown.

Lower real incomes and falling house prices mean we may see less estate agents and coffee shops on the high street. I see this as a good thing and wonder what will spring up in their place. Lower rents will surely open the way for new entrepreneurs.

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One response to “A quick thought – Always look on the bright side of …

  1. masteroftheuniverse

    One merely needs to look at already declining neighborhoods for that. You’ll probably see more thrift shops, pawn shops, finance companies, and liquor stores as a replacement….or maybe vacant space. However, nature abhors a vacuum, and some type of commerce will replace the high end stuff. There could probably be a good market lesson in figuring out exactly what will prosper in protracted economic declines.

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