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Forum
-> Household Management
-> Finances
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amother
OP
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 Thu, Mar 28 2024, 11:51 am
Posters mentioned in other threads about Amazon sellers struggling or real estate struggling.
Im curious.
Its not my line of expertise. Mine and my husband's jobs are doing ok, though we're not making anywhere near 40k a month.
Why are these particular businesses struggling?
Which other industries are slowing down or struggling?
Why?
Can someone explain simply.
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amother
Forestgreen
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Thu, Mar 28 2024, 11:54 am
My husband does Amazon and real estate. He is not struggling but sales on Amazon aren’t as good as they were the past couple of years.
The real estate money he invested with people is tied up. No one is giving back the money yet.
His real estate properties that he owns are fine.
Overall, things are good bh but it isn’t the quick easy money it once was.
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doodlesmom
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Thu, Mar 28 2024, 12:15 pm
My experience :
Since mortgage rates and loan rates are so high people who are investing in new properties, or those without fixed rates, are barely or not even covering the mortgage with the rents they receive and are losing money on houses instead of earning.
Also construction loans with such high rates don’t end up covering the full construction and can result in unfinished construction, unpaid loans, and things start toppling….
Since rates are so high people aren’t buying as much, and there are price drops for the desperate ones etc…
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