how to protect yourself and your family in this downturn. Many of us have been through one or more recessions in the past and we could contribute some positive suggestions on what folks can do to weather the storm. Hopefully, this might help some of the readers, many of whom never post but visit the site on a regular basis.I know what I'm doing: paying off any outstanding debts and minimizing all non-necessary expenditures. Any necessary expenditures I am trying to source locally and attempting to support the little guys who have made positive contributions to our communities. I'm going to leave it at that.
What are you doing? What tips do you have for readers of HHV on how to weather the storm? What do you do to keep your chin up during this period of hyper doom and gloom?
And in case you just want to discuss real estate meltdowns, here's the latest BCREA graph:
Roger added a green line to show you the last time sales were this low and his pink lines show you the speed at which sales are falling off the proverbial cliff. Imagine what this graph would look like if it were adjusted on a per capita basis? Shudder at that thought, eh?