Several households in my wife’s extended family are involved in RE in one way or another. Including ours. Over the weekend I had a conversation with one of my brothers-in-law, who is a landscaping contractor. I gave him the “piggington lite” version of it and told him that many people currently involved in RE and construction and related occupations were going to be struggling. I wasn’t trying to scare him but I could see the wheels turning in his head. By the time we were done, there was some talk about diversification. Mission accomplished.

I didn’t bother discussing the subject with the other relatives. They’re not ready to consider how fragile their positions are just yet.