Saturday, May 15, 2010
My son and I went to the builders show yesterday. The first time we went to this show, it filled the arena, fifteen aisles from wall to wall. Yesterday, there were three aisles and they stopped about fifty feet short of the back wall. To make things worse, two of the aisles were single sided so there were only the equivalent of two aisles! Maybe forty exhibitors. Three insurance providers, two elevator salespeople, two people selling massage chairs and insoles and the Building Construction Program at Georgia Tech. Not much of a show at all. Home building has created a glut of finished, half-finished and just started homes that were there when the bottom fell out. We need to move that inventory before building gets back on course, Until then, builders are finding other things to do.