Each year, I write a short housing forecast for the upcoming year. Before discussing the 2020 housing market, let us see how I did on the 2019 forecast.
Humanity is failing its fellow brothers and sisters when it comes to housing. The World Resource Institute estimates that nearly 900 million people in the world live in slums or inadequate housing, while Habitat for Humanity places the numbers living substandard housing above 1.6 billion. Compared to most of the developing world, America’s poor would be considered rich because they at the very least have doors, windows and running water in their home. The affordable housing crisis is taking America’s trend toward the rest of the world instead of lifting it up. There is a belief by many who have more that those who don’t should work harder. However, they fail to realize that most people are doing the best they can despite limitations in education, economic circumstances, family structure or some form of actual physical or emotional challenge. Few people choose to be poor.
When I first started in the building supply business 35 years ago, one of my first great customers was a wonderful Catholic pipefitter who had nine children. As you can imagine, money was tight in a family that size. The main reason I remember this customer so vividly is that every time he entered the lumberyard he would ask, “What deals do you have today?” He understood that it was not uncommon for builders and homeowners to make mistakes when ordering doors, windows, and building supplies. Many times, these products would end up in the bargain bins of the store. It took several years, but this customer eventually built a beautiful home that housed his wonderful family for about a third of the cost of a new home.
Whether you’re a first-time homeowner or a seasoned veteran at homeownership, sometimes there are problems with household features that aren’t always easy to fix. Sometimes they involve a little investigating. And when it comes to something like a garage door malfunctioning, there could be a variety of reasons why it might not be working properly.