selophane.blog

In light of the recent 2 week’s financial news I have been a little preoccupied with reading the news blogs and playing fake day-trader on updown.com and have not found many articles to write about. That being said, I would like to write an extra special post detailing how an economic collapse, or at least a shaky market, will affect the architecture world as we know it. Unfortunately I do not have the knowledge or research to make any grand predictions or explanations. Instead, i will just make my own observations. Here goes the list of things that we might see happen due to recent economic events: Due to a decrease in speculative lending, new construction loans will become harder to get, and many private commercial projects will be tabled. Because of the economic slow down there will be less capital and therefore less commercial growth, so the drop in commercial projects will be compounded by their being less demand. This may be beneficial to the projects that do seek financing, because there will be less fingers in the pie Less commercial growth, in turns creates less personal disposable income and reimbursable business expenses. This can translate to a slow [...]