(at least) 25% of our local economy is real estate related

how could a real estate downturn not spill over into the rest of the economy?

when General Dynamics left town the statistic being floated was that every engineering job that left town meant that two 7-11 clerk type jobs (retail/service industry) left town as well

people working in the RE industry have been making engineering-level incomes (or better) for several years – when they lose their income stream there WILL be a spillover effect