Comments on: How would a recession affect the average American? http://www.investors-daily.net/finance/how-would-a-recession-affect-the-average-american Financial Updates Wed, 08 Feb 2012 12:38:33 +0000 http://wordpress.org/?v=2.2.1 By: Lynne D http://www.investors-daily.net/finance/how-would-a-recession-affect-the-average-american#comment-1246 Lynne D Thu, 02 Jul 2009 13:55:11 +0000 http://www.investors-daily.net/finance/how-would-a-recession-affect-the-average-american#comment-1246 Higher unemployment, worse in some industries than others. Stagnated or decreased wages. Decreased capital income to investment accounts and savings accounts. Prices don't escalate as much as they become more difficult to reach because of a devalued currency. Assets depreciate, which tends to hit housing the worst. Housing is a big block of asset, instead of something like stocks which can be sold off at small losses per share. You can't sell a piece of a house. You can only sell the whole thing. With rising unemployment, stagnated wages and frozen activity in assets, leading banks to lend less money, it means housing prices will REALLY descend. But don't get too excited over that if you're not a homeowner, thinking you'll be able to get a house cheap. If you depend on wages for your income the most, you won't see enough of an increase in your wages or enough opportunity to increase your wages to attract lending for that purpose. Higher unemployment, worse in some industries than others. Stagnated or decreased wages. Decreased capital income to investment accounts and savings accounts. Prices don’t escalate as much as they become more difficult to reach because of a devalued currency.

Assets depreciate, which tends to hit housing the worst. Housing is a big block of asset, instead of something like stocks which can be sold off at small losses per share. You can’t sell a piece of a house. You can only sell the whole thing.

With rising unemployment, stagnated wages and frozen activity in assets, leading banks to lend less money, it means housing prices will REALLY descend.

But don’t get too excited over that if you’re not a homeowner, thinking you’ll be able to get a house cheap. If you depend on wages for your income the most, you won’t see enough of an increase in your wages or enough opportunity to increase your wages to attract lending for that purpose.

]]> By: is it 5 yet? http://www.investors-daily.net/finance/how-would-a-recession-affect-the-average-american#comment-1245 is it 5 yet? Wed, 01 Jul 2009 15:23:34 +0000 http://www.investors-daily.net/finance/how-would-a-recession-affect-the-average-american#comment-1245 slowing economic production means fewer workers are needed, thus an increase in unemployment. It also means less money to spend, so less business for those self-employed. So how does the average american fare? well he is more likely to lose his job or see a decrease in income, but just more likely. On average, many people will not be terribly affected, perhaps see a slip in thier retirement account. slowing economic production means fewer workers are needed, thus an increase in unemployment. It also means less money to spend, so less business for those self-employed.
So how does the average american fare? well he is more likely to lose his job or see a decrease in income, but just more likely. On average, many people will not be terribly affected, perhaps see a slip in thier retirement account.

]]> By: GhettoBlaster http://www.investors-daily.net/finance/how-would-a-recession-affect-the-average-american#comment-1244 GhettoBlaster Mon, 29 Jun 2009 09:12:08 +0000 http://www.investors-daily.net/finance/how-would-a-recession-affect-the-average-american#comment-1244 I don't know either dude but my azz is getting kicked hard as I have big $$$$$$ invested in real estate. My portfolio is losing weight by the minute. I don’t know either dude but my azz is getting kicked hard as I have big $$$$$$ invested in real estate. My portfolio is losing weight by the minute.

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