Charlotte's Economy: Is it really as bad as we think?
By Rich Ferretti, ABR QSC Realtor/Broker, Charlotte NC Real Estate a
(Rich Ferretti Real Estate)
It is undeniable that the economy is in a downturn. The word "recession" is becoming more and more applicable to the situation, but is Charlotte's economy really as bad? Is it bad at all? It is if you listen to the media reports it is. But I believe Charlotte's economy is not in a dire situation... and further, the more the media drowns us with negative reports, the worse things seem, and will in turn become. Here are the facts: houses are being foreclosed, banks are laying off workers, and the stock market tumbles daily. We are certainly facing some tough times. However, in reality the real cause of the negative feelings is daily negative media accounts scaring people from spending the money they normally would on the things they want and need. While some of us have lost our jobs, or f...
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