This Is What Keeps The Economic Engine Running!

(So That Lots Of Money Constantly Changes Hands!)

Did you happen to notice the featured image with this particular post? It’s definitely an extremely well kept home. In a very nice area of town, agreed? And no doubt it’s an upscale, right?

But have you also ever considered? From an economic standpoint. Just how these really nice luxury homes. Keeps the economic engine running. In a whole lot of ways. It’s turns out. Which may not as readily obvious as it should be. Are you ready to connect the economic dots?

More Economic Growth Creates More Economic Growth!

Every now and again. I like to publish posts. Which stress. (Or at least that’s my primary intentions.) Which stress and demonstrate. How so  many benefit. From continued economic growth.

Clearly some benefit more than others, right? But still in all. Let’s start with a piece of expensive vacant land being sold. (If there is a realtor or real estate agent involved. They earn a one time commission, right?

And before that the land had to be both surveyed and appraised, agreed. There are two non directly competing vendors. Earning a paycheck, right?

And unless cash was paid for the land. A local banker or credit union lent the money, agreed? And now the architect and developer earned a check. Now the builder -builds the luxury house.

Which means whoever sold the contractor/builder their supplies. They got paid. The plumber, the painter, the electrician and the realtor or real estate agent earned money on the sale. After it was built. And put on the market, agreed?

Of course high end furniture was purchased, right? The bank or mortgage broker provided the financing. And the title company, the the real estate attorneys.

They all got paid too, right? (Ladies & gentlemen do you and hopefully better appreciate? All the industries. Which benefit. When vacant land is sold. And some type of livable structure is built on it.

And each of these non directly competing businesses or service providers. They probably have full and part time employees, agreed?

You Can Be Or Become Part Of Explosive Economic Growth!

With all of this steadily growing economic activity. Surely your business, products or services. Fit somewhere into the long term mix, right?

(Now of course there’s a potential debate to be had. About housing being more affordable in America, right?) But we’ll leave that for another day. For now. Hopefully you can see and readily appreciate.

A new luxury house needs high end windows installed, agreed? And perhaps a quality landscaper too. Let’s not forget the important role the title company plays.

Then there’s on going property insurance. As well as ongoing property taxes too. The appliance dealer(s) will make out as well. And possibly the interior designers and or decorators.

Down the road. Maybe the roofer. And before the 1st shovel ever hits the ground. Soil samples need to be taken. So the engineers get a check, right?

The main point I’m attempting to make here. (Regardless of your stand on affordable housing issues.) All of this ongoing economic activity. Is what keeps the economic engine running. Don’t you agree?

The Faster More Money Changes Hands! (The More Opportunities Are Constantly Created!)

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