How is the global economy affecting you?

[David Larrew]

Now that I am out on my own as a consultant and I am dealing with different companies, I just wanted to hear from others in the ArchiCAD community on how they're holding up during the current global economy "scare"...

[Dwight]

In British Columbia, many significant residential projects under construction have been stalled - credit issues. There will definitely be a trough in condo sales....

[David Larrew]

A couple of my clients are using the current slow-down to get their office shifted over to BIM (ArchiCAD). My regional reseller has been optimistic so far.

I've heard from the architectural grapevine that the larger A/E/C companies are starting to "down-size". Texas, at least the Austin area, had seemed to be weathering the down-turn OK, but I keep hearing more and more about local economic concerns.

I definitely see the residential market hurting all-over the US.

[Dwight]

I predict that a whole new economic buzzword will be created as a result of this crisis :

"Snap Back."

[Anonymous]

It hit here several months ago, even before it was announced oficially!

Middle-class clients /small houses and interiors/ just dissappeared! I suspect they have not been given credits by the banks or stopped receiving bonuces an work! Or both!

By the way, the bank interest for credits got to 17.5% Bulgaria!

[Dwight]

I heard that there was a new fast health food restaurant in Bulgaria:
Bulgar King.

[Anonymous]

Burglar King is more appropriate!

[Dwight]

While you eat they go to your house?

[Anonymous]

Dwight wrote:
While you eat they go to your house?

Worst... They go to your bank account...

[Anonymous]

Dwight wrote:
While you eat they go to your house?

Worse, "His Majesty" takes our land!
He even tried to take the highest mountain peak in Bulgaria - Musala peak! It turned out it "belonged" to his ancestors!