Consumers are increasingly not getting the credit they want to finance
bathroom, kitchen, media room and outdoor upgrades:

"Oct. 7 (Bloomberg) -- U.S. consumer credit fell in August for a
seventh straight month, as banks kept restrictive lending terms in
place and job losses made households reluctant to borrow. "

It’s more than just credit holding back the home improvement sector
today. The consumer is hesitant about putting more money in their home
while it’s still a shrinking asset. There is NO guarantee anymore that
the price of the home will go up after the improvements. When you
think about how ridiculous putting more money in the banks home (if
you have a mortgage) miss three payments and your out on the street.
It will take years before the confidence returns to the 2004-2006
levels and it’s getting worse not better like our administration wants
everyone to believe.

On Oct 7, 3:56 pm, Frank <frank1...@gmail.com> wrote: